Glossary

Overdue dividends or interest for a preferred share of stock or bond.

Price data activity where high and low prices are trending upwards for a sustained period of time

Ask is the price that a seller is willing to accept for a security. Also commonly referred to as the offer price.

A special Municipal bond used primarily for development projects, where the interest due to the lender is collected through taxes levied on the community benefiting from the development project.

An investment strategy where an investor strives to balance risk versus reward by adjusting the percentage of the portfolio invested in a particular asset based upon the risk tolerance, goals and time frame of the investor.

Funds that seek to provide an optimal blend of stocks, bonds, and cash.

This is imbalance of variable values that are occurring at irregular frequencies where the mode, mean and media are also at different points.

Refers to the strike price of an option being equal to the market price of the underlying asset.

A broker’s instruction (order) to fill the order at a specific price or above.

A broker’s instruction (order) to buy or sell at the prevalent bid or ask at the time the order is processed.