Closing Quote

Business / Finance / Closing Quote: A transaction in which the purchaser's intention is to reduce or eliminate a short position in a stock, or in a given series of options.

Other Words for Quote

Quote Noun Synonyms: cite, mention, recite, repeat, retell, reproduce, duplicate, call up, bring up, bring in, instance, exemplify, refer to, reference, extract, excerpt
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Enclosing Method

Entertainment / Literature / Enclosing Method: Another term for framing method. MORE

Direct Quote

Business / Finance / Direct Quote: Selling a new issue not by offering it for sale publicly, but by placing it with one of several institutional investors. MORE

Closing Transaction

Business / Finance / Closing Transaction: The net of the number of stocks whose closing prices are higher than their previous trades (uptick) against the number of stocks whose closing prices were lower than their previous trades (downtick). MORE

Closing Tick

Business / Finance / Closing Tick: A transaction in which the seller's intention is to reduce or eliminate a long position in a stock, or a given series of options. MORE

Firm Quote

Business / Finance / Firm Quote: In the context of general equities, (1) order to buy or sell for the proprietary account of the broker-dealer firm; (2) buy or sell order not conditional upon the customer's confirmation. MORE

Indirect Quote

Business / Finance / Indirect Quote: The expression in a graph of a utility function, where the horizontal axis measures risk and the vertical axis measures expected return. The curve connects all portfolios with the same utility. MORE

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