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

Trade credit

Credit one firm grants to another firm for the purchase of goods or services. That is, when the goods are delivered, the recipient does not have to pay immediately for the goods - a credit is given... Read More

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