ABC agreement

 

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ABC agreement

A contract between an employee and a brokerage firm outlining the rights of the firm purchasing an NYSE membership for that employee.



ABC agreement

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Smithsonian Agreement

Smithsonian Agreement

A revision to the Bretton Woods international monetary system that was signed at the Smithsonian Institution in Washington, D.C., in December 1971. Included were a new set of par values, widened bands to +/- 2.25% of par, and an increase in the official value of gold to US$38.00 per ounce.


Cash deficiency agreement

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An agreement to invest cash in a project to the extent required to cover any cash deficiency the project may experience.


Note agreement

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A contract for privately placed debt.


Plurilateral agreement

Plurilateral agreement

The plurilateral agreements of the WTO contrast with the larger multilateral agreements in that the former are signed onto by only those member countries that choose to do so, while all members are party to the multilateral agreements.


Client agreement

Client agreement

A document issued by an adviser/broker to a client outlining the basis of the relationship and the services for which the adviser/broker is authorised. In particular the client agreement will sate:what the client's investment objectives are (income or growth, or in between)what the client's attitude to risk is (does he/she want low risk, medium risk, or high risk)how much discretion the broker has in portfolio management (if any).Client agreements are legally required before a broker starts acting on behalf of a client.


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