Lip service

Officially agreeing with, even though you may have reservations about the issue.

Similar financial terms

Slippage
The difference between estimated transaction costs and actual transaction costs. The difference is usually composed of revisions to price difference or spread and commission costs.

Short-term investment services
Services that assist firms in making short-term investments.

Non-financial services
Include such things as freight, insurance, passenger services, and travel.

Concentration services
Movement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made.

Financial Services Authority (FSA)
The Financial Services Authority was created by the incoming UK Labor Government in 1997 as the regulatory body for the whole financial services industry. A number of separate regulatory bodies were brought together into the FSA. The FSA also took over the responsibilities that the Bank of England had for supervising banks and other financial institutions. The Chairman of the FSA is Howard Davies, an ex deputy governor of the Bank, and now a member of the Court of Directors. The Bank and the FSA ...

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Did you know?

Opening, the

The period at the beginning of the trading session officially designated by the exchange during which all transactions are considered made "at the opening".


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