Meaning PASS THE BOOK: The process of transferring responsibility for a brokerage firm's trading account from one office to another around the world in order to benefit from trading 24 hours a day
More terms such as Pass the book in Dictionary P.
- Definition Planned Financing Program:
- Examples Budgeted or projected ways need for reasons or to obtain short-term and long-term financing as outlined in the corporate financial plan pass the book definition.
- Definition Producer Price Index (PPI):
- Examples Index measuring changes in wholesale prices, published by the U.S. Bureau of Labor Statistics every month pass the book explain.
- Definition Privatization:
- Examples The transfer of government-owned or government-run companies to the private sector, usually by selling them pass the book what is.
- Definition Present Value:
- Examples today that is equivalent in value to a payment, or to a stream of payments, to be received in the future. To determine the present value, each future cash flow is multiplied by a present value factor pass the book meaning.
- Definition Price Discovery Process:
- Examples The process of determining the prices of assets in the marketplace through the interactions of buyers and sellers pass the book abbreviation.
