Financial term of the day, Tuesday 31st of March 2015:

Group of 100

Prestigious cross-functional group of accounting profession thought leaders in the US. The group meets periodically to identify future trends and hot issues. Their output and decisions are analyzed and prioritized by the Strategy Working Group, which determines what projects should be implemented in order to address trends and issues for the benefit of the profession.

Similar financial terms

Group of 100
Prestigious cross-functional group of accounting profession thought leaders in the US. The group meets periodically to identify future trends and hot issues. Their output and decisions are analyzed and prioritized by the Strategy Working Group, which determines what projects should be implemented in order to address trends and issues for the benefit of the profession.

Selling group
All banks involved in selling or marketing a new issue of stock or bonds.

Focus group
A small group of people meet an interviewer to discuss a product, service or marketing policy. This provides insight into consumers` behaviours and attitudes.

Nasdaq 100
The Nasdaq 100 is based on 100 stocks using the National Association of Securities Dealers Automatic Quotations service.

100K
$100,000; K for kilo, or 1,000

Did you know?

Short selling

Short selling, usually just referred to as "shorting", involves selling an asset that is not in posession. Suppose an investor instructs a broker to short 20,000 STL shares. The broker will carry out the instructions by borrowing the shares from another client and selling them in the market in the usual way. The investor can maintain the short position for as long as desired, provided there are al ...


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