Callable Bond
A debt security that the issuing company retains the right to redeem before the loan’s maturity date for the purpose of repayment (redemption). This occurs when general interest rates in the financial market fall below the fixed interest rate on the bond.
Escrow Instrument
A contract or instrument deposited with a third party and delivered to the beneficiary only upon fulfillment of certain conditions
Crowd Psychology
Crowd psychology revolves around one goal: achieving profits. They think only of profits, and therefore crowd psychology is extremely greedy at market peaks due to realized profits and positive news, and extremely pessimistic at market bottoms due to realized losses and negative news.
Shareholders’ Register
An official record documenting the ownership of shares in a joint-stock company, the transfer of their ownership, and any transactions involving them. It typically includes shareholders’ names, addresses, and the number of shares each holds.
General Register
A document, often in the form of a ledger, maintained by a specific entity or individual to record (document) important information such as names, places, items, and events. At the end of a defined period, the information is summarized and organized into data for submission to relevant parties.
Call price
The price that must be paid to the bondholder when redeeming the security before the maturity date. This price is usually equal to the par value plus a call premium.
Issue price
The subscription price, which is not necessarily equal to the nominal value of the subscribed shares, as it may be lower or higher
Current Closing Price
The price of the last trade executed on the security during the last business day.
Previous Closing Price
The price of the last trade executed on the security during the last day of the previous period.
Fixed resale price
Set by the manufacturer or wholesalers with retailers to prevent competition among them, through an agreement between the manufacturer and the retailer that the latter will not sell the former’s products for less than the agreed price.