Ranger Financial Services

Posted: Feb 01, 2011 |

Contact Ranger Financial Services

Time value
Applies to derivative products. Portion of an option price that is in excess of the intrinsic value, due to the amount of volatility in the stock; sometime referred to as premium. Time value is positively related to the length of time remaining until expiration.

Ranger Financial Services

International Banking Facility (IBF)
A branch that an American bank establishes in the United States to do Eurocurrency business.

Ranger Financial Services

Mortgage rate
The interest rate on a mortgageloan.

Ranger Financial Services Company

Firm quote
A definite price on a round-lotbid or offer declared by a market maker on a given security and not identified as a nominal quotation (therefore is not negotiable).
Ranger Financial Company

Ranger Financial Employment

Participation
The amount of loan or bondissue taken directly from another direct lender or underwriter.

Ranger Financial

Inverse floater
A derivative instrument whose coupon rate is linked to the market rate of interest in an inverse relationship.

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Ranger Financial

Unearned income (revenue)
Income received in advance of the time at which it is earned, such as prepaid rent.

Ranger Financial Services

To be announced (TBA)
A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered.

Ranger Financial Services Overview

Plan for reorganization
A plan for reorganizing a firm during the Chapter 11bankruptcy process.

Ranger Financial Services Employment

Rights Agreement (aka "Poison Pill")
An anti-takeover arrangement often established by a company in anticipation of a hostile takeover attempt. The company appoints a Rights Agent who will issue Rights Certificates to each shareholder at the time of the takeover attempt. The shareholder may then exercise these rights to receive additional shares of stock and/or debentures, making the target company more expensive to acquire as a result of the additional shares outstanding, or the additional debt.
Contact Ranger Financial Services

Contact Ranger Financial Services

Price momentum
Related: Relative strength

Ranger Financial Company

Cost basis
The original price of an asset, used to determine capital gains.

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Ranger Financial Services Overview Ranger Financial Services Company Ranger Financial Overview

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