Home  |  Getting Started  | Personal Finance  | Q & A |  Sample Portfolio  | Glossary | About Us  

Date: Tuesday 13th 2008f May 2008 09:26:13 AM

Glossary
 

Z
 

Zaraba Method:  Using an auction process to trade securities

Our take: Zaraba Method is often associated with Japanese stock exchanges
 

Zero Balance Account: A checking account with zero balance
Our take: A zero balance account is used by corporation to improve their cash flow
 

Zero Coupon Bond: A bond that does not give interest but is valued at a discount and it can be sold at maturity for a profit
Our take: As Zero Coupon Bond is solely dependent on the face value appreciation, it tends to be more volatile than common bond
 

Zero Coupon Convertible: Zero Coupon Bond that is issued by corporation that can be converted into common stock.

Our take: Because bond price will appreciate along with common stock, Zero Coupon Convertible tend to offer lower  yield than ordinary Zero Coupon Bond.
 

Zero Sum Game: A situation where one person's profit is another person's loss. The net change in total wealth is zero.

Our take: Excluding comission cost and spread, option are a zero sum game.
 
Zombies: Companies that continue to operate even though they are insolvent.
Our take: -

Back to top

 

 [Resources] [Forum] [Link Partner ] [Novice Investing Directory ] [ Submit Your Article Here ]
 

 Novice Investing 2004-2008. All Rights Reserved.