restricted balance

"This balance type is used to block securities in the Party account in relation to elections relating to certain corporate actions. The holding is under the direct control of the system paying agent, who is the only one who can transfer securities out of this balance type.

Euroclear glossary. 2008.

Look at other dictionaries:

  • restricted balance — This balance type is used to block securities in the Party account in relation to elections relating to certain corporate actions. The holding is under the direct control of the system paying agent, who is the only one who can transfer securities …   Financial and business terms

  • balance — n 1 Balance, equilibrium, equipoise, poise, tension are comparable when denoting the stability or efficiency resulting from the equalization or exact adjustment of opposing forces. Balance suggests a steadiness that results when all parts are… …   New Dictionary of Synonyms

  • Restricted Cash — Monies earmarked for a specific purpose and therefore not available for immediate and general use by an organization. Restricted cash, if the amount is material, is shown separately from cash and equivalents on the balance sheet. The purpose for… …   Investment dictionary

  • balance — A word which had its origin in the field of weights, but has a present meaning of that which remains after the taking away or deduction of a part, such as the balance of an account. The entry of a balance is not an original entry within rule of… …   Ballentine's law dictionary

  • Balance wheel — Wheel Wheel (hw[=e]l), n. [OE. wheel, hweol, AS. hwe[ o]l, hweogul, hweowol; akin to D. wiel, Icel. hv[=e]l, Gr. ky klos, Skr. cakra; cf. Icel. hj[=o]l, Dan. hiul, Sw. hjul. [root]218. Cf. {Cycle}, {Cyclopedia}.] [1913 Webster] 1. A circular… …   The Collaborative International Dictionary of English

  • escrow balance — See restricted balance Euroclear Clearing and Settlement glossary …   Financial and business terms

  • sequestred balance — See restricted balance Euroclear Clearing and Settlement glossary …   Financial and business terms

  • sequestered balance — See restricted balance Euroclear Clearing and Settlement glossary …   Financial and business terms

  • escrow balance — See restricted balance …   Euroclear glossary

  • sequestred balance — See restricted balance …   Euroclear glossary

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