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Definitions (20)
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abs
Abbreviation of ’’absolute difference’’
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accrual bond
Fixed-interest security that is issued at its face value and repaid at the end of the maturity period together with the accrued interest.
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acquisition currency
Means of payment used in the takeover of a company
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actively managed fund
Mutual fund in which a portfolio manager actively monitors the composition of the portfolio, buying and selling securities in response to changing market conditions.
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additional margin
Collateral furnished by holders of options or non-spread futures contracts to cover the potential costs of closing out their positions.
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admissions office
Stock exchange body in charge of admitting securities to the Official Market (Amtlicher Markt)
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aibd return
International standard for evaluating the real interest return on bonds in which interest is compounded on a daily basis.
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allotment
Method of distributing securities to investors if an issue has been oversubscribed
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