Columbia Encyclopedia

Search results

500 results found

stock, in botany

(Encyclopedia)stock, in botany, common name for any species of the genus Matthiola, for Malcomia maritima (Virginia stock), and for the wallflower, all belonging to the family Cruciferae (or Brassicaceae; mustard f...

over-the-counter

(Encyclopedia)over-the-counter, method of buying and selling securities outside the organized stock exchange. Unlike an organized stock exchange, the over-the-counter market is composed of dealers who negotiate mos...

clearing

(Encyclopedia)clearing, in banking, the periodic settling of bankers' claims against each other, for which local banks establish clearinghouse associations. Clearinghouses are said to have existed in Florence by a....

securities

(Encyclopedia)securities, in finance, instruments giving to their legal holders rights to money or other property. Securities include stocks, bonds, notes, mortgages, bills of lading, and bills of exchange. See spe...

greenmail

(Encyclopedia)greenmail, payment, by a corporation that is a takeover target, of a premium price for the shares of its stock that have been accumulated by the potential buyer. In exchange, the potential buyer stops...

Post, George Browne

(Encyclopedia)Post, George Browne, 1837–1913, American architect, b. New York City, grad. New York Univ., 1858, in civil engineering, and studied architecture with R. M. Hunt. He was one of the leaders in a notab...

South Sea Bubble

(Encyclopedia)South Sea Bubble, popular name in England for the speculation in the South Sea Company, which failed disastrously in 1720. The company was formed in 1711 by Robert Harley, who needed allies to carry t...

program trading

(Encyclopedia)program trading, a form of securities trading, also known as index arbitrage. Program traders exploit the price discrepancies between indexes of stocks and futures contracts by using sophisticated com...

Browse by Subject