premium listing — United Kingdom From 6 April 2010, the meaning of this term varies: • In relation to equity shares (other than those of a closed ended investment fund (closed ended funds) or of an open ended investment company), a listing where the issuer is… … Law dictionary
premium — A reward for an act done. Brown v. Board of Police Com rs of City of Los Angeles, 58 Cal.App.2d 473, 136 P.2d 617, 619. See also bonus A bounty or bonus; a consideration given to invite a loan or a bargain, as the consideration paid to the… … Black's law dictionary
Premium Adjustable Convertible Security - PEACS — A debt instrument that combines a coupon paying bond with the option to convert the bond into common stock at a set price. These are frequently described as hybrid securities because they combine features of debt and equity, converting to… … Investment dictionary
premium bonds — UK government securities first issued in 1956 and now administered by National Savings and Investments, an agency of HM Treasury. No regular income or capital gain is offered but bonds enter monthly draws for a range of tax free prizes, winners… … Big dictionary of business and management
Liquidity premium — is a term used to explain a difference between two types of financial securities (e.g. stocks), that have all the same qualities except liquidity. For example: Liquidity premium is a segment of a three part theory that works to explain the… … Wikipedia
ETF Securities — Type Private, Employee owned Industry Investment management Number of locations Jersey, London, United Kingdom, Tokyo, Japan, New York, USA Products Exchange traded funds, Commodities, FX … Wikipedia
Distressed securities — are securities of companies or government entities that are either already in default, under bankruptcy protection, or in distress and heading toward such a condition. The most common distressed securities are bonds and bank debt. While there is… … Wikipedia
Control premium — is an amount that a buyer is usually willing to pay over the current market price of a publicly traded company. Contrary to a widely held view, this premium is not justified by the expected synergies, such as the expected increase in cash flow… … Wikipedia
stripped mortgage-backed securities — ( SMBSs) Mortgage securities that separate principal and interest payments from the underlying mortgage backed securities. SMBSs can take four forms: interest only strips, called I/O strips; principal only strips, called P/O strips; discount… … Financial and business terms
Tax exempt bond premium laundering — is an alleged practice of U.S. securities firms in the early 2000s to shelter capital gains income by improperly accounting for losses on tax exempt bonds. [http://www.bloomberg.com/apps/news?pid=20601039 refer=columnist mysak sid=a Df5OghyryY]… … Wikipedia
lending at a premium — A loan from one broker to another of securities to cover a customer s short position, with a borrowing fee included. A fee is unusual since securities are normally lent freely between brokers. Bloomberg Financial Dictionary … Financial and business terms