Floating security

Definition 1 A security which is bought and held in Street name with the expectation that it will be quickly resold at a Profit. Definition 2 Any part of a New issue which is unsold.

Related Terms: 9 CTA, ECU, FIN, New issue, NSO, Profit, SEC, Street name, Sue

Other Related Pages: Category: Trading Starting With: F

Additional Related Terms: 10-Q, 10-K, 12b-1 funds, Above par, Accrual of discount, Agency security, Amortization of premium, Asset-backed security, At par, All or any part