"Confirm me out"

Definition:

Used for listed equity securities. "Go to the floor and check with the specialist or floor broker that my previously active order has been canceled and was not executed". One does not have to honor any trade reported after being given a "firm out".

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Payout ratio

Generally, the proportion of earnings paid out to the common stockholders as dividends. Morespecifically, the firm's cash dividend divided by the firm's earnings in the same reporting period.

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