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Tip of the Day

Tip of the Day Buy Through Your Favorite Airline's Partners Merchant Store

Buy Through Your Favorite Airline's Partners Merchant Store - There are many companies these days who services many of the airlines and offer frequent flier miles, no matter which of...

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All or None Underwriting

All or None Underwriting - All or none underwriting is a type of securities an underwriter issues, but will cancel at his/her will if they are unable to resell the stocks. An example of this would be as follows: A well-known and experienced underwriter has plans to issue about one thousand stock shares of a specific security, but finds that he/she is only able to resell around eight hundred of these specific stock shares. The underwriter would then issue a cancellation order for the entire issue of those specific stock shares they were planning to issue, preferring not to take a loss on the ones that couldn't be sold.

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Daily Definition

Definition of the Day Regular-Way Delivery

Regular-Way Delivery This is the standard delivery for securities and has to take place by the third business day following the transaction. If a bond is involved in the transaction, it must occur on the first business day following the transaction. What this transactions entails is for the securities to...

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