Meaning BOILER ROOM: Used to describe place or operation in which unscrupulous salespeople call and try to sell people speculative, even fraudulent, securities
More terms such as Boiler room in Dictionary B.
- Definition Basis:
- Examples investor pays for a security plus any out-of-pocket expenses. It is used to determine capital gains or losses for tax purposes when the stock is sold. Also, for a futures contract, the difference boiler room definition.
- Definition Borrowed Reserves:
- Examples Funds borrowed from a Federal Reserve Bank by member banks to maintain the required reserve ratios boiler room explain.
- Definition Bull Market:
- Examples Any market in which prices are in an upward trend boiler room what is.
- Definition Burnout:
- Examples Depletion of a tax shelter's benefits. In the context of mortgage backed securities it refers to the percentage of the pool that has prepaid their mortgage boiler room meaning.
- Definition Budget Surplus:
- Examples The amount by which government revenues exceed government spending boiler room abbreviation.