imported>Doug Williamson |
|
Line 1: |
Line 1: |
| 1. ''Options.'' | | 1. |
|
| |
|
| The amount payable by the buyer of an option to the option writer for the right to deal on the terms contained in the option.
| | Prime brokerage is a service to large institutional investors, including hedge funds. |
|
| |
|
| | It includes securities lending and custody. |
|
| |
|
| 2. ''Insurance.''
| |
|
| |
|
| The amount payable by an insured to the insurer in return for the protection set out in the terms of the insurance policy.
| | 2. |
|
| |
|
| | | 'Prime brokerage' can also refer to the business unit which provides prime brokerage services. |
| 3. ''Bonds.''
| |
| | |
| A bond trading in the market ''at a premium'' has a market value greater than its par value.
| |
| | |
| | |
| 4. ''Foreign currency.''
| |
| | |
| A foreign currency trading ''at a premium'' in the forward foreign exchange market is stronger in the forward market, than in the spot market.
| |
| | |
| | |
| 5. ''Product & service quality.''
| |
| | |
| Higher-quality, in relation to a product or service.
| |
| | |
| The premium quality is normally reflected in higher pricing or other additional costs.
| |
| | |
| | |
| 6. ''Price reflecting benefits.''
| |
| | |
| An additional amount within a purchase price, reflecting additional benefits.
| |
| | |
| For example, a control premium in valuing a company.
| |
| | |
| | |
| 7. ''Price reflecting market conditions.''
| |
| | |
| An additional amount within a purchase price, reflecting market conditions such as an increase in demand.
| |
| | |
| | |
| :<span style="color:#4B0082">'''''Warehousing space at a premium'''''</span>
| |
| | |
| :"... if a logistics business saw reducing its warehousing capacity as a way to reduce costs in March 2020, it may have regretted that decision as internet volumes – which require large amounts of warehousing capacity – soared during the year, and as the world opens up, warehousing space is now at a premium.
| |
| | |
| :The message is: preserve cash to meet an objective, not just for the sake of it in itself."
| |
| | |
| :''Gary Slawther, interim group treasurer - The Treasurer, Issue 2, June 2021, p37''
| |
| | |
| | |
| 8. ''Investment returns''.
| |
| | |
| Additional return required or expected by investors in certain assets.
| |
| | |
| For example, a term premium on longer maturity bonds.
| |
|
| |
|
|
| |
|
| == See also == | | == See also == |
| * [[Bond]] | | * [[Broker]] |
| * [[Control premium]] | | * [[Brokerage]] |
| * [[Discount]] | | * [[Custody]] |
| * [[Excess]] | | * [[FX prime broker]] (FXPB) |
| * [[Foreign currency]] | | * [[Hedge fund]] |
| * [[Forward premium]] | | * [[Internalisation]] |
| * [[Greenium]] | | * [[Internalisation risk]] |
| * [[Insurance]] | | * [[Liquidity risk]] |
| * [[Market value]] | | * [[Prime]] |
| * [[Option]] | | * [[Securities lending]] |
| * [[Option holder]]
| |
| * [[Par value]]
| |
| * [[Premium Listing]]
| |
| * [[Redemption]]
| |
| * [[Return]]
| |
| * [[Term premium]]
| |
|
| |
|
| [[Category:Long_term_funding]] | | [[Category:Financial_products_and_markets]] |
| [[Category:Manage_risks]] | | [[Category:The_business_context]] |
| [[Category:Risk_frameworks]]
| |