Financial term of the day, Friday 18th of May 2012:
Tail
(a) The difference between the average price in Treasury auctions and the stopout price. (b) A future money market instrument (one available some period hence) created by buying an existing instrument and financing the initial portion of its life with a term repo. (c) The extreme end under a probability curve. (d) The odd amount in a MBS pool. |
Similar financial terms
Tail(a) The difference between the average price in Treasury auctions and the stopout price. (b) A future money market instrument (one available some period hence) created by buying an existing instrument and financing the initial portion of its life with a term repo. (c) The extreme end under a probability curve. (d) The odd amount in a MBS pool.
Spectail
A dealer that does business with retail but that concentrates more on acquiring and financing its own speculative positions.
Retail investors individual investors
Small investors who commit capital for their personal account.
Retail credit
Credit granted by a firm to consumers for the purchase of goods or services.
Retail
Individual and institutional customers as opposed to dealers and brokers.
