Secured Loans
holders intention to exercise. If Friday is a holiday, the last trading day will be the
preceding Thursday.
Export-Import Bank (Ex-Im Bank)
The U.S. federal government agency that extends trade credits to U.S.
companies to facilitate the financing of U.S. exports.
Ex post return
Related: Holding period return
Exposure netting
Offsetting exposures in one currency with exposures in the same or another
currency, where exchange rates are expected to move in such a way that losses
or gains on the first exposed
position should be offset by gains or losses on
the second currency exposure.
Expropriation
The official seizure by a government of private property. Any government has the
right to seize such property, according to international law, if prompt and
adequate compensation is given.
Expunge
Used in the context of general equities. Remove any trace of an Autex
indications existence at any time. See: cancel.
Ex-rights
In connection with a rights offering, shares of stock that are trading without the
rights attached.
Ex-rights date
The date on which a share of common stock begins trading ex-rights.
Extendable bond
Bond whose maturity can be extended at the option of the lender or issuer.
