top-down method

Corporate action processing method whereby the issuer's agent or the CSD automatically distributes proceeds to clients, without any action required on the part of such holders. In many, but not all, markets where this method is used, the proceeds are automatically distributed only when relevant securities and/or cash are transferred from the holders' accounts to the system paying agent account.

Euroclear glossary. 2008.

Look at other dictionaries:

  • top-down method — Corporate action processing method whereby the issuer s agent or the CSD automatically distributes proceeds to clients, without any action required on the part of such holders. In many, but not all, markets where this method is used, the proceeds …   Financial and business terms

  • Top-down and bottom-up design — Top down and bottom up are strategies of information processing and knowledge ordering, mostly involving software, but also other humanistic and scientific theories (see systemics). In practice, they can be seen as a style of thinking and… …   Wikipedia

  • Top-down (disambiguation) — Top down may refer to:In systems theory, engineering and software: * Top down and bottom up design * Top down parsingIn computer games: * Top down perspective, a camera angle in computer and video games * Top down shooter, the computer and video… …   Wikipedia

  • Top-down proteomics — is a method of protein identification that uses an ion trapping mass spectrometer to store an isolated protein ion for mass measurement and tandem mass spectrometry analysis.cite journal |author=Sze SK, Ge Y, Oh H, McLafferty FW |title=Top down… …   Wikipedia

  • Top-Down Analysis — A method of analysis that involves looking at the big picture first, and then analyzing the details of smaller components. By first analyzing the overall picture, such as a macroeconomic trend, an investor can start narrowing potential companies… …   Investment dictionary

  • top-down approach — A method of security selection that starts with asset allocation and works systematically through sector and industry allocation to individual security selection. Bloomberg Financial Dictionary …   Financial and business terms

  • SOX 404 top-down risk assessment — In financial auditing of public companies in the United States, SOX 404 top down risk assessment (TDRA) is a financial risk assessment performed to comply with Section 404 of the Sarbanes Oxley Act of 2002 (SOX 404). The term is used by the U.S.… …   Wikipedia

  • Method ringing — (also known as scientific ringing) is a form of change ringing (the practice of ringing a series of mathematical permutations on tuned bells, rather than a melody). In method ringing, the ringers are guided from permutation to permutation by… …   Wikipedia

  • Down the Road (Van Morrison album) — Down the Road Studio album by Van Morrison Released May 14, 2002 Recorded …   Wikipedia

  • Top-bar hive — Top bar hives are a style of beehive used for beekeeping. They are especially useful in areas where resources are limited, but are also increasingly popular among hobby beekeepers in industrialized nations. This article is primarily concerned… …   Wikipedia

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.