Fifth letter of a Nasdaq stock symbol indicate that it is when-issued or when-distributed.

Nearby Terms

UZB UZS V V formation VA

Investing Essentials

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

Term of the Day

Bank anticipation notes (BAN)

Notes issued by states and municipalities to obtain interim financing for projects that will eventually be funded long term through the sale of a bond issue.

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