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 in OTC transactions are reasonable. According to NASD, markups or markdowns should not exceed 5%.
Transaction Adjective Synonyms: deal, dealing, negotiation, matter, affair, business, action, proceeding, agreement, arrangement, bargain
Business / Finance / Taxable Transaction: Taxed private-purpose bonds issued by the state or local government to finance prohibited projects such as sports stadiums. MORE
Business / Accounting / Transaction: Two or more entries made in a journal which when looked at together reflect an original document such as a sales invoice or purchase receipt. MORE
Business / Real Estate / Transaction Broker: A transaction broker (also referred to as a nonagent, facilitator, coordinator or contract broker) is not an agent of either party. A transactional brokers job is simply to help both the buyer and the MORE
Business / Finance / Structured Arbitrage Transaction: A form of pricing efficiency, that posits that the price of a security reflects all information, whether or not it is publicly available. Related: Weak-form efficiency, semi-strong form efficiency. MORE
Business / Finance / Round-Trip Transactions Costs: Costs of completing a transaction, including commissions, market impact costs, and taxes. MORE