Common stock equivalent


 

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Common stock equivalent

A convertible security that is traded like an equity issue because the optioned common stock is trading at a high price.



Common stock equivalent

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Annual equivalent rate

Annual equivalent rate

A figure quoted in loan advertisements to help people make compare one product with another. It indicates what the rate would be if interest was paid just once a year.


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The pre-tax yield required from a taxable bond in order to equal the tax-free yield of a municipal bond.


Cash and equivalents

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