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| Keyword | Description |
| Balance sheet | The balance sheet represents a snapshot of the cumulative inflows and outflows previously generated by the business. It lists all the assets of a business and all of its financial resources at a given moment in time. The balance sheet is always at equilibrium, guaranteed by the double-entry accounting practice adopted by all businesses. |
| Bond | A bond is an evidence of indebtedness. The investor, who buys a bond, acquires a right representing a part of a loan granted to the issuer; this one can be a public or private company or, a State or a local government agency. The investor (the lender) receives from the organization issuer (the borrower) a payment of interest (the coupon payment) at regular intervals, in addition of the refunding of the amount of the credit at the due date. |
| Bond premium | Positive difference between the face value of a bond and its issue price. |
| Bought Deal | A bought deal takes place when a bank buys the securities from the seller/issuer and then re-sells them to investors. The remaining unsold securities go onto the bank’s balance sheet. Bought deals are used most often for transactions such as block trades of already existing shares or a bond issue. |
| Brokerage Firm | Financial organization established as a Limited Company, authorized by the CREPMF according certain criteria, such as technical, financial, or ethical criteria. The Brokerage firm negotiates securities. In addition, it assures the account management, the management of mandated portfolios and gives advices in financial engineering. |
| Business Developers | Physical or moral person authorized by the CREPMF who, secondarily and added to his main activity, put a client in touch with a brokerage firm or with an asset administrator in order to:a) Open a security accountb) Give some advices in investment or a discretionary managementc) Transmit purchase/sell securities orders. |
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