sale (and) repurchase agreement
91Nigerian Barge Deal — A 1999 agreement between Enron and Merrill Lynch in which Enron transferred an interest in energy producing barges located off the coast of Nigeria to Merrill Lynch. The sale was fake, because of a side deal Enron made to repurchase the barges… …
92securities loan — The loan of securities between brokers, often to cover a client s short sale; or a loan secured by marketable securities. Bloomberg Financial Dictionary Also securities lending / securities borrowing Euroclear Clearing and Settlement glossary… …
93Point Beach Nuclear Generating Station — is a former WE Energies built nuclear power plant, located north of Two Rivers, Wisconsin, USA.The plant is currently owned by the FPL Group, which closed on purchase of the plant in October 2007 [http://money.cnn.com/news/newsfeeds/articles/prnew… …
94Non-Open Market — Describes an agreement to purchase or sell shares made directly with the company. Non open market transactions, as the name suggests, don t take place on a market exchange like most purchase and sale transactions, but instead are private… …
95par — The face value of a security. For example, a bond selling at par is worth the same dollar amount it was issued for or at which it will be redeemed at maturity. Chicago Board of Trade glossary (1) The principal or maturity value of a non… …
96PAR — 1 The standard delivery point or points. 2 The quality of commodity represented in the contract that is deliverable at contract price. Serves as a benchmark upon which to base discounts or premiums for varying quality.3 For debt securities,… …
