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Glamor Stock

A widely held stock that is preferred by typical and institutional investors. It represents businesses with strong earnings growth and…

Common Shares

A class of securities that represents ownership interest in a publicly-held company and entitles a shareholder to vote on specific…

Conversion Ratio

A provision in a company’s prospectus that spells out the number of common shares a holder of convertible securities will…

Creation Unit

A subset of an exchange-traded fund (ETF) that is representative of the shares comprising the fund. ETFs shares are redeemed…

War Brides

A jargon phrase that refers to the stocks and bonds of companies whose primary business activity is defense contracting. For…

War Babies

A jargon phrase that refers to the stocks and bonds of companies whose primary business activity is defense contracting. For…

DECS

An acronym for debt exchange for common stock. It is a convertible security which constitutes a listed structured product issued…

Arbitrage

A trading tactic in which an asset is bought at a low price on one market and then is immediately…

ATB

It stands for against the box; a short sale which is carried out by the holder of a long position…

Against The Box

A short sale which is carried out by the holder of a long position in the same stock being sold. The…