open term transaction

Transaction with no fixed maturity date.

Euroclear glossary. 2008.

Look at other dictionaries:

  • open term transaction — Transaction with no fixed maturity date. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • open-end transaction — Generic term to describe a loose transaction in which the parties may add to or amend the original bargain or agreement. It may include an open end mortgage or open end credit arrangement …   Black's law dictionary

  • Open Buy Back — Open Buy Back, OBB, is a discountable securities traded in the Nigerian Inter Bank financial market. An Open Buy Back is a money market instrument used to raise short term capital. It is a form of borrowing using Nigerian Government Securities as …   Wikipedia

  • open court — n 1: a recorded judicial proceeding that is presided over by a judge and attended by the parties and their attorneys and that is convened for the purpose of conducting official business compare in camera 2: a session of a court that is open to… …   Law dictionary

  • Open interest — (also known as open contracts or open commitments) refers to the total number of derivative contracts, like futures and options, that have not been settled in the immediately previous time period for a specific underlying security. A large open… …   Wikipedia

  • open market value — In the context of property transactions, the best price that might reasonably be expected for property, or an interest in property, from an unconnected third party on a certain date. A valuer would normally base such a valuation on an average of… …   Law dictionary

  • Open source — This article is about the production and development model. For its application to software, see Open source software. For the form of intelligence collection management, see Open source intelligence. For other uses, see Open source… …   Wikipedia

  • Open standard — An open standard is a standard that is publicly available and has various rights to use associated with it, and may also have various properties of how it was designed (e.g. open process). There is no single definition and interpretations vary… …   Wikipedia

  • open — verb To render accessible, visible, or available; to submit or subject to examination, inquiry, or review, by the removal of restrictions or impediments @ open a case In practice, to open a case is to begin it; to make an initiatory explanation… …   Black's law dictionary

  • term — A word or phrase; an expression; particularly one which possesses a fixed and known meaning in some science, art, or profession. A fixed and definite period of time; implying a period of time with some definite termination. First Citizens Bank &… …   Black's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.