NIC

Similar financial terms

Technical insolvency
Default on a legal obligation of the firm. For example, technical insolvency occurs when a firm doesn't pay a bill.

Technical descriptors
Variables that are used to describe the market on a technical basis.

Technical condition of a market
Demand and supply factors affecting price, in particular the net position, either long or short, of the dealer community.

Technical analysts
Also called chartists or technicians, analysts who use mechanical rules to detect changes in the supply of and demand for a stock and capitalize on the expected change.

Technical analysis
Security analysis that seeks to detect and interpret patterns in past security prices.

Preauthorized electronic debits (PADs)
Debits to its bank account in advance by the payer. The payer's bank sends payment to the payee's bank through the _ACH)Automated Clearing House (ACH) system.

Municipal notes
Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.

Municipal bond
State or local governments offer muni bonds or municipals, as they are called, to pay for special projects such as highways or sewers. The interest that investors receive is exempt from some income taxes.

Carve out a niche
Find a special position to monopolize