Meaning JUMP BALL: Used in the context of general equities. (1) Deal in which no trading house has exclusivity (each firm is in direct competition for a piece of business); (2) no preference in picking a particular side (buy/sell) of a stock as profile, indicated during the block call, indicate that the salesforce could have the stock either way
More terms such as Jump ball in Dictionary J.
- Definition Junior Security:
- Examples A security that has a lower-priority claim on a company's assets and income than a senior security. For example common stock is junior to preferred stock jump ball definition.
- Definition Jumbo Certificate Of Deposit:
- Examples A certificate of deposit in increments of $100,000 jump ball explain.
- Definition Jobber:
- Examples A term for a market maker used on the London Stock Exchange jump ball what is.
- Definition Junior Refunding:
- Examples Issuing of new securities to refinance government debt that matures in one to five years jump ball meaning.
- Definition Junior Mortgage:
- Examples A mortgage that will be satisfied only after more senior mortgages have been satisfied. e.g., a first mortgage will be satisfied prior to a second or a third mortgage jump ball abbreviation.
