Skip to content

Stock Exchange - Law Dictionary Search Results

Contract note

Contract note, a short statement of the effect of a contract. The expression is defined ins. 77(3) of the Finance (1909-10) Act, 1910, as follows:--For the purposes of this Part of this Act, the expression contract note' means the note sent by a broker or agent to his principal, or by any person who by way of business deals, or holds himself out as dealing, as a principal in any stock or market-able securities, advising the principal or the vendor or purchaser, as the case may be, of the sale or purchase of any stock or marketable security, but does not include a note sent by a broker or agent to his principal where the principal is himself acting as broker or agent for a principal, and is himself either a member of a stock exchange in the United Kingdom or a person who bona fide carries on the business of a stockbroker in the United Kingdom, and is registered as such in the list of stockbrokers kept by the Commissioners.The same s. imposes stamp duties on contract notes varying with t...

stock market

stock market 1 : stock exchange 2 : a market for particular stocks 3 : the market for stocks throughout a country ...

Dow Jones Industrial Average

an index of certain stock prices on the New York Stock Exchange computed by the Dow Jones publishing company as a weighted average of the prices of the common stocks of 30 specific companies classified as industrial The Dow Jones Industrial Average is often taken as an indicator of the movement of American stock prices generally though other indices are maintained averaging the prices of other stocks and these often change in opposite directions from those of the DJIA...

Jeux de bourse

Jeux de bourse, mean 'games of the stock exchange. Speculation in stock or bonds, as by dealing in options or futures. Black's Law Dictionary, 7th Edn., p. 840.Jeux de bourse, speculating in the public funds or stock, French phrase....

Stockjobber

Stockjobber, a dealer in stock; one who buys and sells stock on his own account on speculation. See STOCK EXCHANGE...

derivative

derivative : a contract or security that derives its value from that of an underlying asset (as another security) or from the value of a rate (as of interest or currency exchange) or index of asset value (as a stock index) NOTE: Derivatives often take the form of customized contracts transacted outside of security exchanges, while other contracts, such as standard index options and futures, are openly traded on such exchanges. Derivatives often involve a forward contract. adj 1 : arising out of or dependent on the existence of something else compare direct 2 : of, relating to, or being a derivative [a transaction] de·riv·a·tive·ly adv ...

Call

Call, 1, (1) The election of students to the degree of barrister-at-law, hence (2) the ceremony or epoch of election, and (3) the number of persons elected. See INNS OF COURT.2. The demand for payment of an instalment other than payments due at fixed dates by the terms of the prospectus or agreement to take shares, Croskey v. Bank of Wales, (1863) 4, 9 Giff 314, due upon shares. On the issue of shares a certain portion only of the issue price is usually demanded on allotment and at fixed dates thereafter: the balance is sometimes payable when demanded. In the case of limited companies the calls are limited to the total amount unpaid on each share. There is an implied promise by a purchaser of shares that he will indemnify the vendor against all future calls on shares, Spencer v. Asworth, Partington & Co., (1925) 1 KB 589. See COMPANY and CONTRIBUTORY; FLOATING CHARGE and TABLE A. (Articles 11 to 16).3. A Stock Exchange term for the right to buy stock or shares at a fixed price on a cer...

Bear

Bear, a cant term used in the Stock Exchange to denote one who has sold stocks or share he does not possess in the hope of purchasing them at a lower price before the time arrives for completion of his contract by delivery of the stock. A 'Bear' is therefore one who sells for a fall in price as contrasted with a 'Bull' (q.v.), who buys for a rise in price....

Listing

The act or process of one who lists in any sense of the verb as the listing of a door the listing of a stock at the Stock Exchange...

Dow Jones Index

an index of certain stock prices on the New York Stock Exchange computed by the Dow Jones publishing company as a weighted average of the prices of specific stocks in certain categories Three indices are maintained the Industrials the Transportations and the Utilities When used without qualification the term usually refers to the Dow Jones Industrial Average...

  • Last »

Save Judgments · Add Notes · Store Search Results · Organize Client Files Start your Free Trial