Meaning GROSS PARITY: Applies mainly to convertible securities and international equities. Antithesis of net parity. For the price of a convertible, including accrued interest. For the price of international security, including commissions, fees, stamp duty, and other transaction costs, translated into U.S. dollar amounts
More terms such as Gross parity in Dictionary G.
- Definition Group Of Seven (G-7):
- Examples The G-5 countries plus Canada and Italy gross parity definition.
- Definition Going Ahead:
- Examples A broker-dealer trades in a personal account prior to filling the orders of his or her clients. Prohibited by the NASD rules of fair practice gross parity explain.
- Definition Globalization:
- Examples Tendency toward a worldwide investment environment, and the integration of national capital markets gross parity what is.
- Definition Group Insurance:
- Examples Insurance coverage for a group, which can usually be obtained at a cheaper rate than insurance for an individual gross parity meaning.
- Definition Grandfather Clause:
- Examples A provision included in a new rule or regulation that exempts a business that is already conducting business in the area addressed by the regulation from penalty or restriction gross parity abbreviation.
