Business / Finance / Markdown: The amount subtracted from the selling price of securities when they are sold to a dealer in the OTC market. Also, the discounted price of municipal bonds after the market has shown little interest in the issue at the original price.
Business / Finance / Canadian Agencies: Refers to over-the-counter trading. 'I have a buyer who will pay for the stock'. Uusually a standard markdown (1/8) from is applied to this price in bidding the seller for its stock. Antithesis of c MORE
Business / Finance / Riskless Transaction: A transaction that is guaranteed a profit, such as the arbitrage of a temporary differential between commodity prices in two different markets. The evaluation of whether dealer markups and markdowns i MORE