Meaning PRECEDENCE: The established system of priorities of trades in an exchange. For example, the highest bid and lowest offer have highest precedence; the first bid or first offer at a price has highest priority, and large orders have priority over smaller orders
More terms such as Precedence in Dictionary P.
- Definition Prepayment Penalty:
- Examples A fee a borrower pays a lender when the borrower repays a loan before its scheduled time of maturity precedence definition.
- Definition Principle Of Diversification:
- Examples different sorts of assets differently correlated with one another will have negligible unsystematic risk. In other words, unsystematic risks disappear in diversified portfolios, and only systematic precedence explain.
- Definition Placement:
- Examples A bank depositing Eurodollars with (selling Eurodollars to) another bank is often said to be making a placement precedence what is.
- Definition Projection:
- Examples The use of econometric models to forecast the future performance of a company, country, or other financial entity using historical and current information precedence meaning.
- Definition Pure Play:
- Examples A company involved in only one line of business precedence abbreviation.