Stock Symbol Financial Glossary
What is it? A unique four- or five-letter symbol assigned to a Nasdaq security. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock.Finance Term Definition Added By: Hailey
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Other Similar Finance Terms:
Financial Term Direct Deposit is Automatically deposited funds to checking or savings accounts via a pre-authorized system. Customer government benefits or other payments are automatically deposited to their checking or savings accounts. Some types of Direct Deposits are Social Security, SSI, VA benefits, annuities, pension benefits, payroll checks and dividend checks (see our Direct Deposit webpage).Financial Term Probate is The process of distributing a deceased persons estate.
Financial Term P & I is Principal and interest as in the principal and interest required for periodic loan repayments.
Financial Term without recourse is A lending expression that means loans or leases that have been acquired from an original lender with no guaranty from the originator.
Financial Term Depreciation is A deduction from the value of fixed assets over time. As in your new automobile starts to depreciate after you drive it from the showroom.