Matched Sale Transaction

Business / Finance / Matched Sale Transaction: Applies mainly to convertible securities. Procedure whereby the Federal Reserve Bank of New York sells government securities to a nonbank dealer against payment in federal funds. The agreement requires the dealer to sell the securities back by a specified date, which ranges from 1 to 15 days. The Fed pays the dealer a rate of interest equal to the discount rate. These transactions, also called reverse repurchase agreements, decrease the money supply for temporary periods by reducing dealers' bank balances and thus excess reserves.

Other Words for Sale

Sale Noun Synonyms: selling, traffic, vending, marketing, trafficking, trading, trade, exchange, transaction
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Other Words for Transaction

Transaction Adjective Synonyms: deal, dealing, negotiation, matter, affair, business, action, proceeding, agreement, arrangement, bargain
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Sales Charge

Business / Finance / Sales Charge: The fee charged by a mutual fund at purchase of shares, usually payable as a commission to a marketing agent, such as a financial adviser, who is thus compensated for assistance to a purchaser. It rep MORE

Sales Comparison Approach

Business / Real Estate / Sales Comparison Approach: The process of estimating the value of a property by examining and comparing actual sales of comparable properties. MORE

Sales Compensation

Business / Human Resources (HR) / Sales Compensation: A compensation system designed for individuals employed in managerial sales or sales representative positions. Individuals are paid on a commission or percentage of sale basis, in accordance with achi MORE

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