Secured Loans
Focus list
Used in the context of general equities. Investment banks published list of buy
and sell recommendations from its research department; signified by a flashing F
on Quotron.
FOK
See: Fill or Kill Order
Footsie
Mainly applies to international equities. Financial times (f-t)-actuaries 100 index:
Dow average of London.
For/At
Used in the context of general equities. Conjunctions used in an order, market
summary, or trade recap that signify a bid or an offer, respectively. See: On.
For a number
Used in the context of general equities. Implies that the quantity mentioned is not
his total but instead is only approximate, and to open him up more will obligate
one to participate.
Forced conversion
Mainly applies to convertible securities. Occurs when a convertible security is
called in by the issuer, usually when the underlying stock is selling well above the
conversion price. Thus, they assure the bonds will be retired without requiring
any cash payment. Upon conversion into common, the carrying value of the
bonds becomes part of a corporations equity, thus strengthening the balance
sheet and enhancing future debt issuing capability.
Force majeure risk
The risk that there will be an interruption of operations for a prolonged period
after a project finance project has been completed due to fire, flood, storm, or
some other factor beyond the control of the projects sponsors.
Foreign banking market
That portion of domestic bank loans supplied to foreigners for use abroad.
