Secured Loans
High price
The highest (intraday) price of a stock over the past 52 weeks, adjusted for any
stock splits.
High-yield bond
See: junk bond.
Historical cost
Terminology for the accounting cost that is carried in the books for a current cost
of the item.
Historical exchange rate
An accounting term that refers to the exchange rate in effect when an asset or
liability was acquired.
Hit the bid
A dealer who agrees to sell at the bid price quoted by another dealer is said to hit
that bid. Antithesis of take the offer.
Hit the ribbon
Used in the context of general equities. See: Print
HKFE
See: Hong Kong Futures Exchange
HLT
See: Highly Leveraged Transaction
Holder of record date
The date on which holders of record in a firms stock ledger are designated as the
recipients of either dividends or stock rights. Also called date of record.
Holding company
A corporation that owns enough voting stock in another firm to control
management and operations by influencing or electing its board of directors
