Price of admission
Definition
Used in the context of general equities. Cost to become a player in a stock in an inordinately aggressive market (i.e.,locking on one side, size or price concessions); trader becomes aggressive in order to break the domination of customer activity by another dealer.
Investing Essentials
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Getting Started In Stocks
Investopedia
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The NASDAQ Dozen
Learning Markets
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The 10 Commandments Of Investing
Investopedia
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The Lowdown On Penny Stocks
Investopedia
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10 Things To consider Before Selecting An Online Broker
Investopedia
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Start Investing With Only $1,000
Investopedia
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
Term of the Day
Overwriting
A speculative option strategy that involves selling call or put options on stocks that are believed to be overpriced or underpriced; the options are expected not to be exercised.
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