Firm

Business / Finance / Firm: The legal barrier between banking and broker/dealer operations within a financial institution created to prevent the exchange of inside information.

Other Words for Firm

Firm Adjective Synonyms: steady, strong, sturdy, tight, unwavering, unshakable or unshakeable, unswerving
Firm Verb Synonyms: compact, solid, dense, compressed, condensed, concentrated, rigid, stiff, hard, unyielding, inflexible, inelastic
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Target Firm

Business / Finance / Target Firm: Often used in risk arbitrage. Firm chosen as an attractive takeover candidate by a potential acquirer. The acquirer may buy up to 5% of the target's stock without public disclosure, but it must report MORE

Nonmember Firm

Business / Finance / Nonmember Firm: Used for listed equity securities. Brokerage firm that is not a member of an organized exchange (NYSE). Such firms execute trades either through member firms, or on regional exchanges where they are m 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

Clearing Firm

Business / Taxes / Clearing Firm: Clearing firms handle the back-office details of securities transactions between broker-dealers, making the settlement process streamlined and efficient. In brief, when a broker’s order to buy or se MORE

Member Firm

Business / Finance / Member Firm: Used for listed equity securities. Brokerage firm that has at least one membership on a major stock exchange even though, by exchange rules, the membership is in the name of an employee and not the fi MORE

Firm Market

Business / Finance / Firm Market: An underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares. MORE

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