LOC


 

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LOC

See: Letter of credit



LOC

Similar Matches

Block trade

Block trade

A 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 fund

Asset allocation mutual fund

A mutual fund that rotates among stocks, bonds, and money market securities to maximize return on investment and minimize risk.


Block house

Block house

Brokerage firms that help to find potential buyers or sellers of large block trades.


Locked market

Locked market

A 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 lock

Rate lock

An agreement between the mortgage banker and the loan applicant guaranteeing a specified interest rate for a designated period, usually 60 days.


Further Suggestions

Local expectations theory
Sector 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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