Direct placement

An issuer's bypassing the dealer and selling the security directly to the investor.

Similar financial terms

Indirect exchange rate
The required amount of foreign currency required to purchase on unit of domestic currency.

Direct costs
Costs related directly to sales.

NedCo (Non-executive directors committee of BoE)
NedCo is a committee of the non-executive directors of the Bank of England. NedCo was established by the Bank of England Act 1998, and is responsible for reviewing the Bank's performance in relation to its objectives and strategy. They also determine the pay and conditions of the Governor, Deputy Governors and the four independent members of the Monetary Policy Committee.

Stock replacement strategy
A strategy for enhancing a portfolio's return, employed when the futures contract is expensive based on its theoretical price, involving a swap between the futures, treasury bills portfolio and a stock portfolio.

Replacement-chain problem
Idea that future replacement decisions must be taken into account in selecting among projects.

Replacement value
Current cost of replacing the firm's assets.

Replacement cycle
The frequency with which an asset is replaced by an equivalent asset.

Replacement cost
Cost to replace a firm's assets.

Private placement
The sale of a bond or other security directly to a limited number of investors.

Placement
A bank depositing Eurodollars with (selling Eurodollars to) another bank is often said to be making a placement.

Replacement cost
What it would cost today to replace a company’s existing assets.

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Cash and equivalents

The value of assets that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and Banker's Acceptances. Cash equivalents on balance sheets include securities (e.g., notes) that mature within 90 days.


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