Dictionary


Recession
A period of general economic decline.
Registered bond
A bond issued with the name of the owner printed on the face of the certificate. It can be transferred to another individual only with the owner's endorsement.
Registered Trader
A member of an exchange who is responsible for adding "liquidity" to the marketplace by purchasing or selling assigned securities from his or her inventory.
Regulation Q
A Federal Reserve Board regulation that limits the interest rate that banks can pay on savings deposits.
Regulation T
A federal regulation that governs the lending of money by brokerage firms to its customers. Regulation T requires the customer to deposit margin of 50% in payment for the securities.