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LOCSee: Letter of creditLOC Similar MatchesBlock tradeBlock tradeA large trading order, defined on the New York Stock Exchange as an order that consists of 10,000 shares of a given stock or at a total market value of $200,000 or more. Asset allocation mutual fundAsset allocation mutual fundA mutual fund that rotates among stocks, bonds, and money market securities to maximize return on investment and minimize risk. Block houseBlock houseBrokerage firms that help to find potential buyers or sellers of large block trades. Locked marketLocked marketA market is locked if the bid price equals the ask price. This can occur, for example, if the market is brokered and one side pays brokerage only, in over-the-counter trading the initiator of the transaction. Highly competitive market environment with inside bid and offering at the same price. Often occurs when an OTC dealer has not updated the market. Rate lockRate lockAn agreement between the mortgage banker and the loan applicant guaranteeing a specified interest rate for a designated period, usually 60 days. Further SuggestionsLocal expectations theorySector allocation Letter of credit (LOC) Allocative efficiency Block trader Stumbling block Blocked funds Local optimum Delocalization Locational arbitrage Bloc Lock in Lockup option Local Blocked currency Drop lock Specialist block purchase and sale State and local government series (SLUGs) Efficiency locus Lock up CDs Locomotive effect local taxes Policy asset allocation locked in Industry allocation |
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