Expunge

Definition:

Used in the context of general equities. Remove any trace of an Auto indication's existence at any time. See: Cancel.

Investing Essentials


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

Term of the Day

Without Recourse Financing

Financing in which the right of recourse to the party receiving funds is forfeited to the party advancing funds. This may be evidenced by conditions added to the endorsement of a draft being sold by... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio