D or P


 

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D or P

Abbreviation for Documents Against Payment.



D or P

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Limited price order

Limited price order

Used in the context of general equities. See: Limit order.


Point Attractor

Point Attractor

In non-linear dynamics, an attractor where all orbits in phase space are drawn to one point, or value. Essentially, any system which tends to a stable, single valued equilibrium will have a point attractor. A pendulum which is damped by friction will always stop, so its phase space will always be drawn to the point where velocity and position are equal to zero. See: Attractor, Phase Space.


Spot futures parity theorem

Spot futures parity theorem

Describes the theoretically correct relationship between spot and futures prices. Violation of the parity relationship gives rise to arbitrage opportunities.


Conversion parity or value

Conversion parity or value

Applies mainly to convertible securities. Common stock price at which a convertible bond can become exchangeable for common shares of equal value; value of a convertible bond based solely on the market value of the underlying equity. Par value + conversion ratio. See bond value, investment value, parity.


Certificate of Origin

Certificate of Origin

A document certifying the country of origin for goods sold internationally.


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