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Q: do you know what the "closely held stock" is?

Category: glossary , Asked by: D. Z. From Canada

A: A company whose common shares are owned by one individual owner or by a small group of controlling stockholders. This is in contrast to a widely held stock, in which thousands or even millions of different investors may own shares in a large company. Closely held stock is typically not publicly traded on exchanges because the small number of owners rarely sell their shares. A common way that a closely held stock is created is when an entrepreneur starts and incorporates his or her own business, but retains ownership of all the company's outstanding shares. Visit Xforex

    do you know what "credit agreement" is?

    Category: glossary by Y. F. From Canada

    A legal contract in which a bank arranges to loan a customer a certain amount of money for a specified amount of time. The credit agreement outlines all the rules and regulations associated with the contract. This includes the interest that must be paid on the loan. A credit agreement can be a lengthy and detailed document that explains all the terms of the contract. For the most part, all types of loans (ranging from credit cards to mortgages) have some sort of credit agreement, which must be signed and agreed upon by both the bank or lender and the customer - the contract does not come into effect until the document has been signed by both parties.

    please define the "NYSE composite index"

    Category: glossary by Kaylynn V. From Monaco-Ville, Monaco

    Measures all common stocks listed on the New York Stock Exchange and four subgroup indexes: industrial, transportation, utility and finance. The index tracks the change in the market value of NYSE common stocks, and is adjusted to eliminate the effects of new listings and delistings. The market value of each stock is calculated by multiplying its price per share by the number of shares listed. The NYSE composite is a fairly good indicator of general market strength.

    Are you familiar with any site that has a rapid server connection?

    Category: technical by K. Norris from Elizabeth, United States

    We believe "Xforex" is totally the forex site for you if you'd like a site that has the most secure connection. People are always satisfied with the login process to the system's program. The communication with the server is completely fast, it is quite trouble-free to deal with the trading environment. And you will encounter non of most of the usual communication interruptions you get surfing huge servers.

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