"He carries a good line of-- stock;" "line" here meaning special kind. "Line " is also used to denote a certain amount of securities carried more or less continually as " a line of 10,000 shares." A " line " of road indicates a railroad.
11 am indebted to Mr. Charles A. Conant for assistance in framing this definition.
American Linseed Co.
Money, or property of all kinds, which may be readily converted into money.1 (See " Quick Assets.")
As commonly understood, a market in which a great many are selling securities; taking their profits, as it were, naturally resulting in declining prices. Or the "short interests" may be forced to "cover." Such a market is naturally the result of an excessive buying or "short selling."
This is used in two ways. In one case, it means the winding up of a business, the converting of its assets into cash, etc.; in the other, it is used in reference to the stock exchange when holders of stock are selling, converting the same into money.
"Liquidation" in either of the above examples may be "voluntary" or "forced."
See " Liquid Assets."
"Sold the list generally." An expression used in reference to general transactions in many different securities listed upon the stock exchange; a general selling of most listed securities rather than the transactions of the day being confined to a few different ones. The "list" refers to the securities which may be dealt in upon the stock exchange, and a list of which is established in each exchange.
The corresponding term for the London Stock Exchange is "official list."
The least important of two stock exchanges in any given city (see "Big Board " - Addenda).
(Nipper). Northern Pacific R. R. Co. common stock.
Union Pacific Railway Co. common stock.
Investments upon which interest has been or is expected to be paid as due, or income-producing property. LL. The "ticker" abbreviation for "leased lines." Loading. A term used in life insurance company offices. A life insurance premium may be divided into three parts. The "actuary " figures what sum is necessary to cover the mortality losses and the amount necessary for " reserve." In addition to these two factors, must be considered the amount to cover the expenses of the company. This is the. "loading;" being that part of the premium which can properly be applied to the company's expenses.