Support level

A price level below which it is supposedly difficult for a security or market to fall.

Similar financial terms

Resistance level
A price level above which it is supposedly difficult for a security or market to rise.

Level-coupon bond
Bond with a stream of coupon payments that are the same throughout the life of the bond.

Level pay
The characteristic of the scheduled principal and interest payments due under a mortgage such that total monthly payment of P&I is the same while characteristically the principal payment component of the monthly payment becomes gradually greater while the monthly interest payment becomes less.

Acceptable Quality Level (AQL)
Maximum number of defects per 100 pieces that are allowable.

Confidence level
The degree of assurance that a specified failure rate is not exceeded.

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Selling group

All banks involved in selling or marketing a new issue of stock or bonds.


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