B

Business / Finance / B: Fifth letter of a Nasdaq stock descriptor specifying that issue is the Class B shares of the company.

Overbought-Oversold Indicator

Business / Finance / Overbought-Oversold Indicator: An indicator that attempts to define when prices have moved too far and too fast in either direction and thus are vulnerable to reaction. MORE

Positive Covenant (Of A Bond)

Business / Finance / Positive Covenant (Of A Bond): A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant. MORE

Public Housing Authority Bond

Business / Finance / Public Housing Authority Bond: Bonds of local public housing agencies that are secured by the federal government and whose proceeds are used to provide low-rent housing. MORE

Net Tangible Assets Per Share

Business / Finance / Net Tangible Assets Per Share: All of a company's assets except patents, trademarks, and other intangible assets minus all liabilities and the par value of preferred stock, divided by the number of shares outstanding. MORE

Initial Public Offering (IPO)

Business / Finance / Initial Public Offering (IPO): When buying securities on margin, the proportion of the total market value of the securities that the investor must pay for in cash. The Security Exchange Act of 1934 gives the Board of Governors of t MORE

Subscription Right

Business / Taxes / Subscription Right: If a corporation’s charter has a preemptive rights clause, before the company offers a new issue of securities to the public, it must offer existing shareholders the opportunity to buy new shares of MORE

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