value of securities
51Fixed-Rate Capital Securities — A security issued by a corporation that has a $25 par value (although some are issued with a $1,000 par value) and offers investors a combination of the features of corporate bonds and preferred stock. These securities provide the… …
52discount securities — (1) Securities that do not pay periodic interest. Investors earn the difference between the discount issue price and the full face value paid at maturity. Treasury bills, banker s acceptances, and zero coupon bonds are discount securities. Most… …
53par value — See par for all securities except MBSs. See par line for MBSs. American Banker Glossary Also called the maturity value or face value; the amount that an issuer agrees to pay at the maturity date. Bloomberg Financial Dictionary See …
54nominal value — The face value of a bond or a share ( shares) (which will not usually be the same as its price). Also known as par value. For a bond or redeemable share, it will usually indicate the value at which the bond or share will be redeemed by the issuer …
55GEOS (securities processing software) — GEOS is an integrated online system for the management and processing of securities, with a strong focus on Straight Through Processing (STP). The main components of GEOS (management of financial instruments, position keeping and order… …
56Adjusted Book Value — A measure of a company s valuation after liabilities, including off balance sheet liabilities, and assets are adjusted to reflect true fair market value. The potential downside of using an adjusted book value is that a business could be worth… …
57Nominal Value — The stated value of an issued security. Nominal value in economics also refers to a value expressed in monetary terms for a specific year or years, without adjusting for inflation. When used in reference to securities, nominal value is also known …
58Liquidation value — is the likely price of an asset when it is allowed insufficient time to sell on the open market, thereby reducing its exposure to potential buyers. Liquidation value is typically lower than fair market value. Unlike cash or securities, certain… …
59Market Value — 1. The current quoted price at which investors buy or sell a share of common stock or a bond at a given time. Also known as market price . 2. The market capitalization plus the market value of debt. Sometimes referred to as total market value . 1 …
60net asset value — (N.A.V.; NAV) The market value of a share of stock in a mutual fund. The net asset value is arrived at by deducting total liabilities (accounts payable, notes payable, etc.) from total assets (cash, securities, etc.) and dividing such amount by… …
