Insider trading
Admin2017-09-21T00:57:36+00:00Definition: The buying and selling of stocks and/or bonds (ie, securities) of a corporation by someone who is in possession of “material” (ie, important) “non public” information. This practice is generally illegal.
Generally Accepted Accounting Principles (GAAP)
Admin2017-09-21T00:31:45+00:00Definition: Abbreviation for Generally Accepted Accounting Principles, the comprehensive set of principles and rules for how publicly-held corporations should account for their business activities and prepare their financial statements. It is maintained by the independent Financial Accounting Standards Board (FASB).
Floating rate bond (FRB)
Admin2017-09-21T00:27:36+00:00Definition: A bond whose interest rate moves up and down periodically with market interest rates.
Fiscal year
Admin2017-09-21T00:28:16+00:00Definition: The 12-month period a company has chosen to be the year over which it will report its financial performance.
Financial Accounting Standards Board (FASB)
Admin2017-09-21T00:28:39+00:00Definition: The non-governmental organization that makes the rules for how American publicly-held corporations should account for their business activities and prepare their financial statements. The collective rules and regulations are known as Generally Accepted Accounting Principles (GAAP).
Face value
Admin2017-09-21T00:29:03+00:00Definition: The dollar amount a company or government borrows when it issues an investor a bond. This amount, which is printed clearly on the bond, is owed back to the investor on the bond’s maturity date, which also printed on the bond.