Meaning PREFERENCE: Refers to over-the-counter trading. Selection of a dealer to handle a trade despite the dealer's market not being the best available. Often the "preferenced dealer" will then move his market in line
More terms such as Preference in Dictionary P.
- Definition Pricing Efficiency:
- Examples Also called external efficiency; a market characteristic that prices at all times fully reflect all available information that is relevant to the valuation of securities preference definition.
- Definition Pay-Down:
- Examples refunding, the amount by which the par value of the securities maturing exceeds that of those sold. In the context of general equities, paying a lower price in an accumulation of stock. Antithesis of preference explain.
- Definition Penultimate Profit Prospect (PPP):
- Examples priced of the ten highest-yielding stocks in the Dow Jones Industrial Average that is said (by authors O'Higgins and Downes) to be the Dow stock with the best possibility of outperforming the preference what is.
- Definition Protectionism:
- Examples Notion that governments should protect domestic industry from import competition by means of tariffs, quotas, and other trade barriers preference meaning.
- Definition Post-Audit:
- Examples A set of procedures for evaluating a capital budgeting decision after the fact preference abbreviation.
