SourceOne Stock Info  Your one source site for stock research

 

Glossary of Investment Terms

 

E

 

Earned Income

 

Income (particularly wages and salaries) generated by providing goods or services. Also includes pension or annuity income.

 

 

 

Effective Date

 

Date when an offering registered with the SEC may commence, usually 20 days after filing the registration statement.

 

 

 

ElectroNotes

 

Tennessee Valley Authority version of Direct Access Notes. See Direct Access Notes.

 

 

 

Equity

 

Excess of securities over debit balance in a margin account, or the total market value of a cash account.

 

 

 

Equity UIT

 

A registered trust in which investors purchase units from a fixed portfolio of equities, which are chosen and managed by a professional money manager. Securities in the trust remain there for the life of the trust, which is most often one year. At that point they can either be liquidated at market value or rolled over into a newer, current version of the trust.

 

 

 

Coverdell Education Savings Account (ESA)

 

A Coverdell Education Savings Account (ESA) is an account that helps individuals save for the cost of elementary, high school or higher education. Multiple Coverdell ESA accounts may be opened on behalf of anyone under the age of 18, as long as the total contributions do not exceed $2,000 a year per child.

 

 

 

Ex-Date

 

Also called Ex-dividend Date. The date on which a stock trades without the dividend amount figured into the price. Ex-dividend is an interval between the announcement and the payment of the next dividend. An investor who buys shares during that interval is not entitled to the dividend. Normally, a stock's price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date. A stock that has gone ex-dividend is marked with an X in newspaper listings.

 

 

 

Exercise

 

To make use of a right available in an options contract. In options trading, a buyer of a call contract may exercise the right to buy underlying shares at a particular price by informing the option seller. A put buyer's right is exercised when the underlying shares are sold at the agreed-upon price.

 

 

 

Expiration Date

 

The specified date on which an option is exercised, assigned or becomes worthless and the buyer no longer has the rights specified in the contract.

 

 

 

Search for glossary terms alphabetically:

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z