National Securities Clearing Corporation (NSCC)
What is the National Securities Clearing Corporation (NSCC)? The National Securities Clearing Corporation (NSCC) provides risk management, settlement, and clearing services to the U.S securities exchange market. It acts as a central clearing counterparty (CCP) for trade in equities, foreign exchange, corporate debt, and other investments in the U.S. market. Founded as a...
Asset Management Company (AMC)
What is an Asset Management Company (AMC)? An asset management company (AMC) is a firm that invests a pooled fund of capital on behalf of its clients. The capital is used to fund different investments in various asset classes. Asset management companies are commonly referred to as money managers or money management firms as well....
Net Current Asset Value Per Share (NCAVPS)
What is Net Current Asset Value Per Share (NCAVPS)? Net Current Asset Value Per Share, or NCAVPS for short, is a financial metric for evaluating the attractiveness of a stock. It is a term pioneered by American economist, investor, and professor, Benjamin Graham, who is widely considered the “Father of Value Investing.” Therefore, NCAVPS is...
Net Change
What is Net Change? Net change is the difference between the closing price of a prior trading period and the closing price of the current trading period for a financial security. Net change is generally used for stock prices, bond prices, mutual funds, derivative products, and other tradeable securities. The net change usually refers to...
Bilateral Agreement
What is a Bilateral Agreement? A bilateral agreement, also called a clearing trade or side deal, refers to an agreement between parties or states that aims to keep trade deficits to a minimum. It varies depending on the type of agreement, scope, and the countries that are involved in the agreement. Bilateral agreements can take...
