asset price
81fixed asset — capital asset An asset of a business intended for continuing use, rather than a short term current asset (such as stock). Fixed assets must be classified in a company s balance sheet as intangible, tangible, or investments. Examples of intangible …
82Quoted Price — The most recent price at which an investment (or any other type of asset) has traded. The quoted price of investments such as stocks, bonds, commodities and derivatives changes constantly throughout the day as events occur that affect the… …
83Clean price — In finance, the clean price is the price of a bond excluding any interest that has accrued since issue or the most recent coupon payment. This is to be compared with the dirty price, which is the price of a bond including the accrued interest.… …
84Discount To Net Asset Value — A pricing situation that occurs with a closed end mutual fund when its market price is currently lower than the net asset value of its components. Discounts can occur in times where the market has a pessimistic future outlook and fund investors… …
85reference asset — A term used in credit swap transactions to identify the underlying instrument. In the most simple structure, cash flow from the reference asset is paid by the asset owner called a protection buyer to a counter party known as a protection seller.… …
86indicative net asset value — Theoretical value of an ETF, disseminated by Euronext throughout the trading session. The indicative net asset value ( NAV) is used as the reference price: by liquidity providers and intraday investors, to calculate price ranges (+/ 1.5% or +/ 3% …
87Breakeven Price — 1. The amount of money for which an asset must be sold to cover the costs of acquiring and owning it. 2. The amount of money for which a product or service must be sold to cover the costs of manufacturing or providing it. 3. In options trading,… …
88Purchase price adjustment — Purchase Price Adjustments capture the change in value of an asset typically between the negotiation and closing.ExampleAntonio purchased property from Shylock for $50,000. At closing, Antonio paid $10,000 to Shylock and executed a promissory… …
89Exhaust Price — A discount price at which a broker must liquidate a client s equity position, which was purchased on margin, to meet a margin call. The stocks are sold at the exhaust price when the client cannot provide the funds or refuses to maintain the… …
90net asset value arbitrage — NAV arbitrage For a number of assets, the most recent transaction price at 4PM ET does not fully reflect all available market information. One example is international equities that trade on exchanges that are located in different time zones and… …
