Genie is out of the bottle

Similar financial terms

Up-and-Out Option
An option that ceases to exist when the price of the underlying asset increases to a set level.

Out-of-the-money
An option that has a negative value if exercised immediately. For example, a call when the exercise price is above the current price of the underlying asset, or a put when the exercise price is below the current price of the underlying asset.

Out-of-the-money options are usually not exercised.

Breakout
In technical analysis , the movement of a stock's market value above resistance level or below support level

Dividend payout ratio
A ratio showing the percentage of net profits paid out in dividends on common stock, after reducing net profits by the amount of dividends paid on preferred stock.

Workout period
Realignment period of a temporary misaligned yield relationship that sometimes occurs in fixed income markets.

Workout
Informal arrangement between borrowers and creditors.

Without recourse
Without the lender having any right to seek payment or seize assets in the event of default from anyone other than the party (such as a special-purpose entity) specified in the debt contract.

Without
If 50 were bid in the market and there was no offer, the quote would be "50 bid without." The expression "without" indicates a one-way market.

Target payout ratio
A firm's long-run dividend-to-earnings ratio. The firm's policy is to attempt to pay out a certain percentage of earnings, but it pays a stated dollar dividend and adjusts it to the target as base-line increases in earnings occur.

Take-out
A cash surplus generated by the sale of one block of securities and the purchase of another, e.g. selling a block of bonds at 99 and buying another block at 95. Also, a bid made to a seller of a security that is designed (and generally agreed) to take him out of the market.

Stockout
Running out of inventory.

Priced out
The market has already incorporated information, such as a low dividend, into the price of a stock.

Payout ratio
Generally, the proportion of earnings paid out to the common stockholders as cash dividends. More specifically, the firm's cash dividend divided by the firm's earnings in the same reporting period.

Outstanding shares
Shares that are currently owned by investors.

Outstanding share capital
Issued share capital less the par value of shares that are held in the company's treasury.

Outsourcing
The practice of purchasing a significant percentage of intermediate components from outside suppliers.

Outright rate
Actual forward rate expressed in dollars per currency unit, or vice versa.

Out-of-the-money option
A call option is out-of-the-money if the strike price is greater than the market price of the underlying security. A put option is out-of-the-money if the strike price is less than the market price of the underlying security.

Open outcry
The method of trading used at futures exchanges, typically involving calling out the specific details of a buy or sell order, so that the information is available to all traders.

Netting out
To get or bring in as a net; to clear as profit.

Management buyout (MBO)
Leveraged buyout whereby the acquiring group is led by the firm's management.

Lock-out
With PAC bond CMO classes, the period before the PAC sinking fund becomes effective. With multifamily loans, the period of time during which prepayment is prohibited.

LIFO (Last-in-first-out)
The last-in-first-out inventory valuation methodology. A method of valuing inventory that uses the cost of the most recent item in inventory first.

Leveraged buyout (LBO)
A transaction used for taking a public corporation private financed through the use of debt funds: bank loans and bonds. Because of the large amount of debt relative to equity in the new corporation, the bonds are typically rated below investment grade, properly referred to as high-yield bonds or junk bonds. Investors can participate in an LBO through either the purchase of the debt (i.e., purchase of the bonds or participation in the bank loan) or the purchase of equity through an LBO fund ...

Last-In-First-Out (LIFO)
A method of valuing inventory that uses the cost of the most recent item in inventory first.

Knock-out option
An option with a built in mechanism to expire worthless should a specified price level be exceeded.

Carve out a niche
Find a special position to monopolize

Washout
When investors get heavily diluted by a susbsequent round of investment especially when the investment is a down round. Also known as a Cramdown.

Borrower fallout
In the mortgage pipeline, the risk that prospective borrowers of loans committed to be closed will elect to withdraw from the contract.

Buyout
Purchase of a controlling interest (or percent of shares) of a company's stock. A leveraged buy-out is done with borrowed money.

Cashout
Refers to a situation where a firm runs out of cash and cannot readily sell marketable securities.

Customary payout ratios
A range of payout ratios that is typical based on an analysis of comparable firms.

Debt outstanding subject to limitation
Obligations incurred by the Treasury subject to the statutory limit set by Congress. Until World War 1, a specific amount of debt was authorized for each separate security issue. Beginning with the Second Liberty Loan Act of 1917, the nature of the limitation was modified until, in 1941, it developed into an overall limit on the outstanding Federal debt. The statuatory limit may change from year to year.

Deep out of the money
A call option with an exercise pricesubstantially above the market price. Also put option with an exercise price substantially below the underlying stock's market price. Often substantially below is defined as more than one strike price below (for calls)/above (for puts) the current value of the underlying security.

Open Outcry
Method of public auction required to make bids and offers in the trading pits or rings of commodity exchanges.