Similar financial terms
Turnaround timeTime available or needed to effect a turnaround.
Turnaround
Securities bought and sold for settlement on the same day. Also, when a firm that has been performing poorly changes its financial course and improves its performance.
Round-turn
Procedure by which the Long or short position of an individual is offset by an opposite transaction or by accepting or making delivery of the actual financial instrument or physical commodity.
Round-trip transactions costs
Costs of completing a transaction, including commissions, market impact costs, and taxes.
Day around order
A day order that supersedes (cancels and replaces) the previous order by altering its size or price limit.
Flotation
Flotation refers to the situation when a private limited company or new company becomes a public limited company by issuing shares to the general public. A company will issue a prospectus inviting shareholders to subscribe for shares, in the hope of raising large amounts of capital. Also referred to as "go public".
Odd lot dealer
A broker who combines odd lots of securities from multiple buy or sell orders into round lots and executes transactions in those round lots.
Odd lot
A trading order for less than 100 shares of stock.
Overallotment
More shares (or other instrument) has been alloted to buyers or investors (of an IPO, for example) than what is available.
Job Lot
A form of contract having a smaller unit of trading than is featured in a regular contract.
