Meaning SCRIPOPHILY: Collecting stock and bond certificates for their scarcity, rather than for their value as securities
More terms such as Scripophily in Dictionary S.
- Definition Set Up:
- Examples Applies mainly to convertible securities. Arbitrage involving going long the convertible and short a certain percentage of the underlying common. Antithesis of Chinese hedge scripophily definition.
- Definition Security Industry Automated Corporation (SIAC:
- Examples Entity that executes automated DOT orders scripophily explain.
- Definition Short Exempt:
- Examples equity securities. A special trading situation where a short sale is allowed on a minustick. The owners of a convertible trading at parity can sell the equivalent amount of common short on a minus scripophily what is.
- Definition Sensitive Market:
- Examples A market that reacts to a great extent to good or bad news scripophily meaning.
- Definition Special Drawing Rights (SDR):
- Examples A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies scripophily abbreviation.
