M – Investment Vocabulary

M

Making a Market: Any specialist permitted to act as a dealer, any dealer acting in the capacity of a block positioner, and any dealer who, with respect to a security, holds himself/herself out (by entering quotations in an interdealer communications system) or otherwise as being willing to buy and sell a security for his/her own account on a regular or continuous basis.
Margin: The difference between the collateral pledged to secure a loan and the amount of the loan itself. Federal Reserve Board requirements for margin on stocks have ranged from 40 to 100 percent of the purchase price. Marketability: The ease with which a security can be sold in the secondary market.
Market Order: An order to buy or sell securities at the market’s prevailing bid or asked price.
Market Value: The price at which a security is currently being sold in the market.
Market vs. Quote: Quote designates the current bid and asked price on a security, as opposed to the price at which the last security order was sold. Maturity: The date that the principal or stated value of a debt instrument becomes due and payable. Also used to denote the length of time between the issue date and the due date.
Money Market Instruments: Private and government obligations with maturities of one year or less.
Money Market Securities: Short-term securities with market prices more closely tied to the current interest rate than to a company’s standing or to general business conditions.
Moral Obligation Bond: A revenue bond that, in addition to its primary source of security, possesses a structure whereby a state pledges to make up shortfalls in a debt service reserve fund, subject to legislative appropriation. The state has no legal obligation to make such a payment, but market participants recognize that failure to honor the “moral” pledge would have negative consequences for the state’s own creditworthiness.
Mortgage Bond: A bond secured by a mortgage on property. The value of the property used as collateral usually exceeds that of the mortgage bond issued against it.
Municipals: Securities, usually bonds, issued by a state or its agencies. The interest on “munis” is usually exempt from federal income taxes and state and local income taxes in the state of issuance. Municipal securities may or may not be backed by the issuing agency’s taxation powers.
Municipal Securities Rulemaking Board (MSRB): Registered under the Maloney Act in 1975, MSRB is designed to create rules and regulations for municipal bond trading among brokers, dealers, and banks.

I – Investment Vocabulary

I
Immediate or Cancel Order: An order at market price (or some other limited price) that is to be executed in whole, or in part, as soon as it is received. The portion that is not transacted is considered canceled.
In and Out: Describes the purchase and sale of the same security within a short period of time to take advantage of price fluctuations.
Income Bonds: Bonds on which the payment of interest is due only when the issuer has attained sufficient income. There is no guaranteed return. In some cases, unpaid interest may accumulate as a claim against the issuer when the principal comes due.
Indebtedness: The obligation assumed by a borrower, guarantor, or endorser to repay funds that have been or will be paid out on the borrower’s behalf.
Indenture: A written agreement used in connection with a security issue. The document sets the maturity date, interest rate, security, and other terms for the issue holder, the issuer, and (when appropriate) the trustee.
Interest: Compensation paid or to be paid for the use of money. The rate of interest is generally expressed as an annual percentage.
Interest Rate: The interest payable each year on borrowed funds, expressed as a percentage of the principal.
Investment Banking: A term used to describe the financing of the capital requirements of an enterprise, as opposed to the working capital of a business. Investment bankers buy and sell securities, such as stocks, bonds, and mortgages. They act as the intermediaries between the investor and the corporation or government that needs to finance its operations. An investment bank charges a fee for services relating to securities, such as advisory, negotiation, and distribution services. See Syndicate; Underwriter.
Investment Portfolio: A collection of securities held by a bank, individual, institution, or government agency for investment purposes.
Investment Securities: Securities purchased for an investment portfolio, as opposed to those purchased for resale to customers.
Investor: A person who purchases securities with the intention of holding them to make a profit.
Issue: A group of identical securities, or the marketing and selling of such securities.
Issue Price: The price at which a new group of identical securities (new issue) is put on the market.
Issuer: Any corporation or governmental unit that borrows money through the sale of securities.

Don’t Leave Home Without Your Brain

Download Now

“No one ever thinks anything will happen.” The comment belongs to Scott
Birkenfield, a climbing ranger in the Jenny Lake area of Grand Teton National
Park, Wyoming. His voice sounds tired and scratchy as he recounts the events
of the day. Last evening, a hiker slipped in a high talus field and fell 30
feet. His partner went for help. Sometime before midnight Birkenfield got the
call, and as in 1,000 cases before, he methodically asked the questions. Who?
What? Where? When? Is he allergic to anything? What was his mental condition
when you left? Was he bleeding? Is he warm?

Just after midnight, Birkenfield woke up Climbing Ranger Jim Springer. In a
matter of minutes, Springer was heading up the trail prepared to save a man’s
life.

Survival Wilderness Medicine Course

Download Now

TERMINAL LEARNING OBJECTIVE: Given a unit in a wilderness environment and necessary equipment and supplies, apply the principles of mountain safety to prevent death or injury per the reference.

ENABLING LEARNING OBJECTIVE: Without the aid of references and given the acronym “BE SAFE MARINE”, list in writing the 12 principles of mountain safety, in accordance with the references.

Food and Water Storage

Download Now
*Canning Butter

*Canning Hamburger

*Drying Foods

*Emergency Food and Water Supplies

*Emergency Water Supplies

*Family Food Security

*Food Storage Cooking School

*Guide To Food And Water Storage

*How Much to Store

*Providence Cooperative Prudent Food Storage Ver 3

*Providence Cooperative Stored Food Pests FAQ Ver 1

*Providence Cooperative Water Treatment FAQ Ver 2.2

*Prudent Food Storage FAQ

*Salt Cureing Meat

*Start Your Food Storage on $10 a Week by Alan T Hagan Issue 59

*Storing Flour

*Storing Grains in Buckets

*Storing Honey

*Storing Water in 2-Liter Bottles

*Survival Meat Preserving – Part 1

*Survival Meat Preserving – Part 2

*Waxing Cans and Boxes for Storage