A responsibility for repaying a debt.

The price at which an owner is willing to sell a security. Also see Ask Price

An offer to acquire includes

• an offer to purchase or a solicitation of an offer to sell securities;


• an acceptance of an offer to sell securities, whether or not such offer to sell has been solicited. or any combination thereof, and the person accepting an offer to sell shall be deemed to be making an offer to acquire from the person that made the offer to sell.

When the central bank buys and sells government bonds in the open market in an effort to regulate the money supply.

Mutual Funds or Collective Investment Schemes in which the number of units in the funds varies on a daily basis in relation to the number of investors willing to buy and sell holdings in the mutual fund.

An option is a contract that gives the purchaser the right, but not the obligation to buy or sell a security at a specific price on or before a specific date.

Ordinary or Common Stocks are stocks that represent ownership in a company and give the stockholder a vote in the selection of management and a proportionate but unspecified claim on profits. These profits may be distributed to stockholders as dividends declared by the company's directors from time to time and paid out of earnings.

In the case of a call, this describes when the strike price of the option exceeds the share price of the underlying equity.

The market in which securities are traded via a network of dealers rather than through a stock exchange.