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Equal dollar swap |
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Equal dollar swapSelling common stoc../../finance-glossary/convertibles in one company and reinvesting the proceeds in as many shares of (1) another type of security issued by the company, or (2) another security of the same type but of another company -- as can be bought with the proceeds of the sale. See: Equal shares swap.Equal dollar swap Similar MatchesConstant dollar planConstant dollar planA plan which enables investors to accumulate shares in a mutual fund by purchasing them on a regular basis (for example monthly) with a fixed dollar amount. The dollar amount buys more shares when the price is low than when it is high, and over time the investor will have accumulated shares at a cost which is neither high nor low, but average for the period in question. Hence the other name for this process - 'dollar cost averaging'. In the UK, the same principles apply to savings plans for unit trusts, and the process is called 'pound cost averaging'. Purchasing power of the dollarPurchasing power of the dollarThe amount of goods and services that can be exchanged for a dollar as compared with amount of a previous time period. EurodollarEurodollarOriginally referred to U.S. dollar-denominated deposits in commercial banks located in Europe. Over time, the term came to include deposits in a commercial bank in any country denominated in any currency other than that of the country. Now sometimes called eurocurrencies. Dollar cost averagingDollar cost averagingSee: Constant dollar plan Hard dollarsHard dollarsActual separate payments made by a customer for services, including research, provided by a brokerage firm. Antithesis of soft dollars. Further SuggestionsEurodollar obligationsTrade weight value of the dollar Dollar standard Dollar bears Dollar roll Dollar shortage dollar cost averaging soft dollars Total dollar return Eurodollar certificate of deposit Nominal dollars Two dollar broker Dollarization Dialing for dollars Salomon Brothers Non US Dollar World Government Bond Index Dollar bonds Strong dollar Fixed dollar security Asian dollar market Eurodollar Constant dollar plan Dollar price of a bond Constant dollars Dollar drain Petrodollar |
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