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Lock up CDs |
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Lock up CDsCDs that are issued with the tacit understanding that the buyer will not trade the certificate. Quite often, the issuing bank will insist that it hold the certificate for safekeeping by it to ensure that the buyer holds the understanding.Lock up CDs Similar MatchesBlock votingBlock votingDescribes a group of shareholders banding together to vote their shares in a single block. Goldilocks economyGoldilocks economyAn economy whose growth is believed to be neither too 'hot' (i.e. too fast) or too 'cold' (too slow) - an ideal state as it means the government does not have to use fiscal or monetary devices to artificially stimulate or retard economic activity. 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. Block 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. Locked inLocked inInvestors are said to be 'locked in' when a security they own is trading at a higher price than they paid for, but they choose not to sell in order to avoid having their profit become subject to the capital gains tax.The term also refers to the situation in which a shareholder is legally obliged not to sell shares for a given period. The most common instance of this is with initial public offerings (IPOs) where investors are comforted if they know that directors and founding shareholders are locked in for at least 6 or 12 months after flotation. Further SuggestionsBuilding blockLocked in Blocked currency Drop lock Block list Block house Lock in Rate lock Lock out Stumbling block Deadbolt lock block trade Lock in Goldilocks economy Lockup option Block trader Block Blocked funds Specialist block purchase and sale |
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