Meaning FLAT PRICE (ALSO CLEAN PRICE): The quoted newspaper price of a bond that does not include accrued interest. The price paid by the purchaser is the full price
More terms such as Flat price (also clean price) in Dictionary F.
- Definition Fixed Income Equivalent:
- Examples Also called a busted convertible. Convertible security that is trading like a straight security because the optioned common stock is trading well below the conversion price flat price (also clean price) definition.
- Definition Foreclosure:
- Examples Process by which the holder of a mortgage seizes the property of a homeowner who has not made interest and/or principal payments on time as stipulated in the mortgage contract flat price (also clean price) explain.
- Definition Financial Analysis:
- Examples Analysis of a company's financial statement, often by financial analysts flat price (also clean price) what is.
- Definition Floor Planning:
- Examples Arrangement used to finance inventory. A finance company buys the inventory, which is then held in trust for the user flat price (also clean price) meaning.
- Definition Forecasting:
- Examples Making projections about future performance on the basis of historical and current conditions data flat price (also clean price) abbreviation.