Market Traders Institute Inc

Commercial bank
Bank that offers a broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.
Uncollectible account
An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay.( - Market Traders Institute )

Market Traders Institute: Collar
Refers to the ceiling and floor of the price fluctuation of an underlying asset. A collar is usually set up with options, swaps, or by other agreements. In corporate finance, the collar strategy of buying puts and selling calls is often used to mitigate the risk of a concentrated position in (sometimes) restricted stock. When the restricted owner can't sell the stock, but needs to diversify the risk, a collar transaction is one of the few tools available. Many corporate executives who receive chunks of their compensation in restricted stock need to employ this strategy to mitigate the diversification risk in their overall portfolio.

Going away
The type of bond purchased by dealers for immediate resale to investors, as opposed to purchasing bond, to hold for some amount of time, and then reselling it at a future date.

Market Traders Institute Inc

Pivot
Price level established as being significant by market's failure to penetrate or as being significant when a sudden increase in volume accompanies the move through the price level. ( Market Traders Institute Inc )

20% cushion rule
Guideline that revenues from facilities financed by municipal bonds should exceed the operating budget plus maintenance costs and debt service by at least 20% to allow for unforeseen expenses.

Market Traders Institute

Portfolio allocation by region
The distribution, by geographic region, of a portfolio'sholdings.( Market Traders Institute Inc )
Market Traders Institute Inc: Bank-based corporate governance system
Organization of a supervisory board so that it is dominated by bankers and corporate insiders.
Market Traders Institute: Small Order Execution System (SOES)
Three-tiered system of automatic execution of an order at the best price. Size is either 200, 500, or, most often, 1000 shares.