Some Financial Terms

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RAKHI CHAUDHARY (Querist)
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10 July 2010 Sir
Please tell me the meaning of some financial terms mentioned under:-
1)Slack Season
2)Special Purpose Vehicle
3)Cold hard cash
4)Interest rate swap
5)Bourses
6)stimulus
7)hedge fund
8)counterparty risk
9)360 degree profile
10)bull run
11)bank note

Rahul Gupta

Rahul Gupta (Expert)
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10 July 2010 Find here some of the definitions, these are as result on the search over the internet.......Tke it in that way only....

1. Slack season means a period when a company is not very busy.

2. Special Purpose Vehicle also referred to as a "bankruptcy-remote entity" whose operations are limited to the acquisition and financing of specific assets. The SPV is usually a subsidiary company with an asset/liability structure and legal status that makes its obligations secure even if the parent company goes bankrupt.
A corporation can use such a vehicle to finance a large project without putting the entire firm at risk. Problem is, due to accounting loopholes, these vehicles became a way for CFOs to hide debt. Essentially, it looks like the company doesn't have a liability when they really do. As we saw with the Enron bankruptcy, if things go wrong, the results can be devastating.

3. The phrase "cold hard cash" was coined by merchants and traders who were used to handling coins that, because they had a high gold and silver content, were warm and soft and did not wear very well. When more durable metals came into use it was generally noticed that they were cold and hard.

In the cut and thrust of commerce a lot of transactions rely on the use of cheques and various forms of credit. Where these are not favoured the phrase "cold hard cash" applies to both coins and notes which are immediately available, or ready, as a form of payment.

Rahul Gupta

Rahul Gupta (Expert)
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10 July 2010 4. Interest rate Swaps > An agreement between two parties (known as counterparties) where one stream of future interest payments is exchanged for another based on a specified principal amount. Interest rate swaps often exchange a fixed payment for a floating payment that is linked to an interest rate (most often the LIBOR). A company will typically use interest rate swaps to limit or manage exposure to fluctuations in interest rates, or to obtain a marginally lower interest rate than it would have been able to get without the swap.

5. Bourse is the French term for a stock exchange, meaning, literally, purse. The national stock market of France, a totally electronic market, is known as the Paris Bourse.
The term is used throughout Europe and worldwide as a synonym for stock exchange, though it generally isn't used in the United States.
his French term can be used to refer to any European exchange; however, it is most often used in reference to the Paris Stock Exchange.

6. Stimulus may refer to:

* Stimulus (physiology), something external that influences an activity
* Stimulus (psychology), a concept in behaviorism
* Input to a system in other fields
* Economic stimulus:
o For government spending as stimulus see Fiscal policy
o For an increase in money designed to speed growth see Monetary policy
o For general information about economic stimulus see Stimulus (economic)

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Rahul Gupta

Rahul Gupta (Expert)
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10 July 2010 7. Hedge Fund > An aggressively managed portfolio of investments that uses advanced investment strategies such as leveraged, long, short and derivative positions in both domestic and international markets with the goal of generating high returns (either in an absolute sense or over a specified market benchmark).

Legally, hedge funds are most often set up as private investment partnerships that are open to a limited number of investors and require a very large initial minimum investment. Investments in hedge funds are illiquid as they often require investors keep their money in the fund for at least one year.

8.Counter Party Risk > The risk to each party of a contract that the counterparty will not live up to its contractual obligations. Counterparty risk as a risk to both parties and should be considered when evaluating a contract.

In most financial contracts, counterparty risk is also known as "default risk".

Rahul Gupta

Rahul Gupta (Expert)
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10 July 2010 9. 360 Degree Profile. For this the link is provided. I am not sure this the risght explanation or not.

The top half of the circle maps Creative Competencies that contribute to a leader’s effectiveness. They measure key leadership behavior and internal assumptions that lead to high fulfillment, high achievement leadership. They are as follows:
Relating
• Caring Connection
• Fosters Team Play
• Collaborator
• Mentoring & Developing
• Interpersonal Intelligence
Self-Awareness
• Selfless Leader
• Balance
• Composure
• Personal Learner
Authenticity
• Integrity
• Courageous Authenticity
Systems Awareness
• Community Concern
• Sustainable Productivity
• Systems Thinker
Achieving
• Strategic Focus
• Purposeful & Visionary
• Achieves Results
• Decisiveness

http://www.theleadershipcircle.com/site/main/pro-creative.htm

10. Bank Note > A negotiable promissory note issued by a bank and payable to the bearer on demand. The amount payable is stated on the face of the note. Banknotes are considered legal tender, and, along with coins, make up the bearer forms of all modern money.

Also known as a "bill" or a "note."

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