Financing Corporation (FICO)

Business / Finance / Financing Corporation (FICO): Share price indexes for U.K. companies The denominator in the index formula is the market capitalization at the base date, adjusted for all capital changes affecting the particular index since the base date. See: Footsie (FTSE) (procounced footsie).

National Securities Clearing Corporation (NSCC)

Business / Finance / National Securities Clearing Corporation (NSCC): A clearing corporation that facilitates the settlement of accounts among brokerage firms, exchanges, and other clearing corporations. MORE

National Association Of Investors Corporation

Business / Finance / National Association Of Investors Corporation: A Michigan-based association that helps groups establish investment clubs. MORE

Multioption Financing Facility

Business / Finance / Multioption Financing Facility: A syndicated confirmed credit line with attached options. MORE

Multinational Corporation (MNC)

Business / Finance / Multinational Corporation (MNC): A firm that operates in more than one country. MORE

Net Financing Cost

Business / Finance / Net Financing Cost: Also called the cost of carry or, simply, carry, the difference between the cost of financing the purchase of an asset and the asset's cash yield. Positive carry means that the yield earned is greater MORE

Off-Balance-Sheet Financing

Business / Finance / Off-Balance-Sheet Financing: Financing that is not shown as a liability on a company's balance sheet. MORE

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