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In the hole |
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In the holeUsed in the context of general equities. Below the inside market when one is attempting to sell the stock; at a significant discount. Antithesis of premium.In the hole Similar MatchesWhole life insuranceWhole life insuranceIn the US, a life insurance policy, with level premiums, which provides a stated benefit on the death of the life insured and a savings element which accumulates a cash value. The dividends or interest are allowed to build up tax-deferred. The insured is able to redeem the cash value or borrow against it in what is known as a policy loan. Any part of a loan which is unpaid at the death of the insured is deducted from the face value. Whole loanWhole loanA term that distinguishes an investment representing an original mortgage loan from a loan representing a participation with one or more lenders. Unit linked whole of life assuranceUnit linked whole of life assuranceSee: 'whole life assurance'. WholesalerWholesalerAn underwriter or a broker-dealer who trades with other broker-dealers, rather than with the retail investor. Make whole provisionMake whole provisionRelated to the lump-sum payments made when a loan or bond is called, equal to the NPV of future loan or coupon payments not paid because of the call. The payment can be significant and negate the attractiveness of a call. Further SuggestionsWholesale mortgage bankingLoophole Weep Holes |
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