value of securities
61net 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… …
62Canadian Securities Institute — CSI Global Education Inc. (CSI) is a Canadian financial services education company that provides courses and credentials for financial services professionals (individuals and corporations) across all pillars of the financial services industry.… …
63Generic Securities — A security backed by recently issued loans or mortgages. Its value is less than that of a security whose backing is over one year old. Securities over a year old are called seasoned securities. A generic security does not yet have a history that… …
64investment value — (for convertible bonds) The value of a convertible bond calculated as a straight bond without giving any value to the conversion feature. Although this is done according to normal bond calculations, the rate used to discount the bond is that for… …
65conversion parity/value — Applies mainly to convertible securities ( convertible security). common stock price at which a convertible bond can become exchangeable for common shares of equal value; value of a convertible bond based solely on the market value of the… …
66certificate of accrual on treasury securities — (CATS) U.S. Department of Treasury securities that pay no interest and are sold at a deep discount to face value (ZERO COUPON). Holders of CATS are paid full value of the security upon maturity …
67Conversion Value — The financial worth of the securities obtained by exchanging a convertible security for its underlying assets. Convertibles are a category of financial instruments, such as convertible bonds and preferred shares, that can be exchanged for an… …
68IRS Publication 561: Determining The Value Of Donated Property — A document published by the Internal Revenue Service (IRS) that provides taxpayers with information on how to determine the fair market value (FMV) or appraisal value for property donated to a qualified organization. Taxpayers can donate a wide… …
69bond value — (for convertible securities) See investment value (for convertible bonds). American Banker Glossary With respect to convertible bonds, the value the security would have if it were not convertible. That is, the market value of the bond minus the… …
70par value — face value; = nominal value The nominal price of a share or other security. If the market value of a security exceeds the nominal price it is said to be above par; if it falls below the nominal price it is below par. Gilt edged securities are… …
