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Letter stock |
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Letter stockPrivately placed common stock, so-called because the SEC requires a letter from the purchaser stating that the stock is not intended for resale.Letter stock Similar MatchesTime Letter of CreditTime Letter of CreditSee: Usance Letter of Credit. Commercial letters of creditCommercial letters of creditTrade-related agreement that a certain amount of bank funds is available to an entity. Standby letter of creditStandby letter of creditAgreement to guarantee invoice payments to a supplier; a standby LOC promises to pay the seller if the buyer fails to pay. Letter of GuaranteeLetter of GuaranteeA letter from a bank to a brokerage firm which states that a customer (who has written a call option) does indeed own the underlying stock and the bank will guarantee delivery if the call is assigned. Thus the call can be considered covered. Not all brokerage firms accept letters of guarantee. Also: letter issued to Option Clearing Corporation by member firms covering a guarantee of any trades made by one of its customers, (a trader or broker on the exchange floor). No action letterNo action letterA letter from the Securities and Exchange Commission agreeing that the Securities and Exchange Commission will take no civil or criminal action against a party, regarding a specific activity. Further SuggestionsLetter of TransmittalSight Letter of Credit Confirmed Letter of Credit Advisory letter Usance Letter of Credit Letter of Testamentary Revocable letter of credit letters of administration Unconfirmed Letter of Credit allotment notice/letter Letter of comment Transmittal letter Bank Letter of Credit Policy Shareholders letter Letter of credit (LOC) memorandum of wishes (letter of wishes) letter of wishes Letter of Administration Letter of intent Investment letter letter of renunciation Pre approval letter Market letter Transferable letter of credit Private letter ruling |
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