Flash

Definition:

Value of a security displayed, or flashed across the tape, when the tape display cannot keep up with volume on an exchange and lags the current price by more than approximately five minutes.

Investing Essentials


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

Term of the Day

Funding

Used to describe the refinancing of a debt prior to its maturity (the same as refunding). In corporate finance refers to the floating of bonds to raise finance and levels of capital. See also:... Read More

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