Meaning PURPOSE STATEMENT: A form filed by a borrower that describes the use of a loan backed by securities, and guarantees that the funds lent will not be used illegally to buy securities against Federal Reserve regulations
More terms such as Purpose statement in Dictionary P.
- Definition Planning Horizon:
- Examples The length of time a model or investor or plan projects into the future purpose statement definition.
- Definition Piggybacking:
- Examples trading stocks, bonds or commodities in a personal account following a trade just made for a customer. The broker assumes that the customer is making the trade on valuable inside information. Illegal purpose statement explain.
- Definition Prerefunding:
- Examples Procedure of floating a second bond at a lower interest rate in order to pay off the first bond at the first call date and to reduce overall borrowing costs purpose statement what is.
- Definition Publicly Held:
- Examples Describes a company whose stock is held by the public, whether individuals or business entities purpose statement meaning.
- Definition Period Of Digestion:
- Examples The time period of often high volatility after a new issue is released when the trading price of the security is established by the market purpose statement abbreviation.
