Mindblown: a blog about philosophy.
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Lockbox
Treatment of Lockbox in the United States Law The following is a short concept of Lockbox published by Marco Terry: A bank treasury management system. It is desgined to receieve payments by mail and deposit them to an account as quickly as possible. Most bank lockbox systems also scan invoices […]
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Market Microstructure
Definition of Market Microstructure in Futures Trading In this area, here is a meaning of Market Microstructure: Refers to the means by which individual trades take place. An example of a broad class of market microstructures is an order book. Another such class covers the markets associated […]
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Discount Rate
Discount Rate in the Context of Payments Definition of Discount Rate in the context of payments: The fees charged by the card acquirer to the merchant for processing payment card transactions.
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Commitment Fee
Commitment fee in the Context of Mortgages in the United Kingdom Note: additional topics related to mortatges in the English legal encyclopedia are available here. The fee a lender charges for promising to make a loan. Similar Terms CommitmentCommitmentA promise by a lender to make a […]
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Split Close
Definition of Split Close in Futures Trading In this area, here is a meaning of Split Close: A condition that refers to price differences in transactions at the close of any market session
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POS Terminal
POS Terminal in the Context of Payments Definition of POS Terminal in the context of payments: A terminal at the point of sale, connected via telecommunication lines to a central computer. Authorization, recording and transmission of electronic transactions are performed through the terminal.
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Double Hedging
Definition of Double Hedging in Futures Trading In this area, here is a meaning of Double Hedging: As used by the CFTC, it implies a situation where a trader holds a long position in the futures market in excess of the speculative position limit as an offset to a fixed price sale, even though […]
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Chartist
Definition of Chartist in Futures Trading In this area, here is a meaning of Chartist: Technical trader who reacts to signals derived from graphs of price movements.
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Hedger
Definition of Hedger in Futures Trading In this area, here is a meaning of Hedger: A market participant who enters into positions in a futures or other derivatives market opposite to positions held in the cash market to minimize the risk of financial loss from an adverse price change; or who […]
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Security
Definition of Security in Futures Trading In this area, here is a meaning of Security: Generally, a transferable instrument representing an ownership interest in a corporation (equity security or stock) or the debt of a corporation, municipality, or sovereign. Other forms of debt such as […]
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