Primary market and Transposition error: Difference between pages

Revision as of 13:07, 14 August 2013

1. A simple error of data entry when two digits in a number are reversed (transposed).

When two adjacent digits are transposed the error will always be divisible by 9.

For example: If 3,460 should be 3,640 the difference is 180 (3,640-3,460=180) 180/9 = 20.

2. Similar errors with non-numerical data. For example ABC entered wrongly as ACB.

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 .
+A simple error of data entry when two digits in a number are reversed (transposed).
-A market for financial assets when those assets are first offered for sale.
+When two adjacent digits are transposed the error will always be divisible by 9.
-For example, on the flotation of a company or the issue of a bond.
+For example:
+If 3,460 should be 3,640
+the difference is 180 (3,640-3,460=180)
+/9 = 20.
 .
+Similar errors with non-numerical data.
-In relation to loans, the market in which the borrowers and the original lenders deal with one another.
+For example ABC entered wrongly as ACB.
 == See also ==
-* [[Float]]
+* [[Double counting]]
-* [[Flotation]]
-* [[Proprietary trading]]
-* [[Secondary market]]
-* [[Shallow discount bond]]
-[[Category:Corporate_financial_management]]