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Free on board 
 
Implies that distributive services like transport and handling performed on goods
up to the customs frontier of the economy from which the goods are classed as
merchandise. 
 
Free reserves 
 
Excess reserves minus member bank borrowings at the Fed. 
 
Free rider 
 
A follower who avoids the cost and expense of finding the best course of action
and by simply mimicking the behavior of a leader who made these investments. 
 
Free to trade 
 
Used in the context of general equities. Removed from any internal (restricted
list) or external restrictions on trading, and hence the trader is free to solicit
interest as well. 
 
Frequency distribution 
 
The organization of data to show how often certain values or ranges of values
occur. 
 
Fresh picture 
 
Used for listed equity securities. Updated picture of a stock or market, usually
following recent trading activity or news which has changed the previous look. 
 
Fresh signal 
 
Used in the context of general equities. Piece of information (fundamental or
technical) leading one to believe a stock will move in a certain manner. 
 
Friction costs 
 
Costs, both implied and direct, associated with a transaction. Such costs include
time, effort, money, and associated tax effects of gathering information and
making a transaction. 

 

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