Stop basis

Definition:

Refers to over-the-counter trading. Method of entering an OTC trade into the trader's position without reporting the trade on the OTC tape.

Investing Essentials


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

Term of the Day

Historical Cost Accounting Convention

An accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition.

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