The remaining reserves after a project financing has been repaid.Sometimes refers to theresidual value.
Purchaseof asecurityby abrokerafter the broker places an order forthe samesecurityfor a customer. Thebrokerhopes toprofiteitherbecause of information which the customer has or because thecustomer's purchase is of sufficient size to affectsecurityprices. This isan unethical practice.
Taiwan Stock Exchange (TSEC)
Established in 1961, the only centralized securities market in Taiwan.
(1) To agree tobuy. Adealeror customer who agrees tobuyatanother dealer'soffered priceis said to take the offer. (2)Eurobankersspeak of taking deposits rather than buyingmoney.