FINMAR

Cards (45)

  • Discounted Rate
    A type of interest deducted in advance from loan availment
  • Interest Rate
    • For the lender's viewpoint, it is price of the loanable funds
    • Links the future to the present and, in essence, it is the market price of earlier availability
  • Money
    Any item or commodity that is generally accepted as a means of payment for goods and services or for payment of debt
  • Money Aggregates
    • M1: Narrow Money
    • M2: Broad Money
    • M3: Broad Money Liabilities
    • M4: Liquidity Money
  • Parties to a check
    • Payee
    • Drawee
    • Drawer
  • PhilpaSS (or Philippine Payment and Settlement System)

    The name of RTGS payment system in the Philippines
  • Present Discounted Value
    The other name of the concept of present value which is based on the common sense that a peso of cash paid to you one year from now is less valuable to you than a peso paid to you today
  • Real Time Gross Settlement (RTGS)

    An electronic form of funds transfers where the transmission takes place on a real time basis
  • Time value of money
    The concept "that a sum of money is worth more now than the same sum will be at a future date due to its earning potential in the interim"
  • Adverse Selection
    Problem investors experience in distinguishing low-risk borrowers from high-risk borrowers before making an investment
  • Authorized Shares
    The maximum number of shares that a corporation may issue without amending its charter
  • Bangko Sentral ng Pilipinas
    Regulates the banks in the Philippines
  • Blue chip stocks
    Involves investing in blue chips stocks because of their stable and high potential for profits
  • Bond Certificate
    Tangible evidence of debt issued by a corporation or a governmental body and represents a loan made by investors to the issuer
  • Capital Market
    A financial market in which longer-term debt (original maturity of one year or greater) and equity instruments are traded
  • Clearing House
    An institution where stockbrokers will make payments to and receive payments for purchases and sales they have made for their clients. Simultaneously, all stock certificates will be delivered to and obtained from this central institution. An example of this institution in the Philippines is the Securities Clearing Corporation of the Philippines (SCCP)
  • Credit quality risk
    The chance that the bond will not be able to make timely payments
  • Credit rating
    An evaluation of the credit risk of a prospect debtor, predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting
  • Coupon Interest Rate
    A feature of the bond certificate stating the percentage of the par value of the bond that will be paid out annually in the form of interest
  • Debt Instruments
    A contractual agreement by the borrower to pay the holder of the instrument fixed peso amounts at regular intervals (interest and principal payments) until a specified date (the maturity date), when a final payment is made
  • Default Risk
    The chance that a borrower would not be able to make require debt payment to a lender
  • Economies of Scale
    Refers to the reduction in average cost that results from an increase in the volume of a good or service produced
  • Financial Instrument
    Any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity
  • Financial Markets
    The meeting place of people, corporations and institutions that either need money or have money to lend or invest
  • Financial Services
    Brokerage, credit cards, payments services, taxes and accounting and investment funds are examples of what component of financial system
  • Financial System
    Consists of all financial intermediaries and financial markets and their relations with respect to the flow of funds to and from households, governments, business firms and foreigners, as well as the financial infrastructure
  • Listing
    Admission of securities to dealings on a recognized stock exchange of any incorporated company, quasigovernmental and other financial institutions/corporations
  • Money Market
    Refers to the network of corporations, financial institutions, investors and governments which deal with the flow of short-term capital
  • Mutual Funds
    Professionally managed bonds, stocks, and other investment products consisting of a pool of money collected from various investors used to invest in different assets
  • Outstanding Shares

    Equity shares held by the public
  • Paid In Capital
    Total amount received by a company from the issuance of common or preferred stock
  • Portfolio
    Collection of financial investments like stocks, bonds, commodities
  • Risk
    The chance that the value of financial assets will change relative to what one expects
  • Securities Clearing Corporation of the Philippines (SCCP)

    The central securities clearing institution in the Philippines
  • Securities Dealer
    Any person or entity engaged in the business of buying and selling securities for his own or its client's account thereby making a profit from the difference between the purchase prices and selling price of securities
  • Securities and Exchange Commission

    Regulates mutual funds companies
  • Securitization
    The pooling of various types of debt instruments (such as mortgages and consumer loans) and selling them as bonds to investors
  • Stock Exchange
    An organized secondary market where securities like shares, debentures of public companies, government securities and bonds issued by public corporations are purchased and sold
  • Yield
    The income the investors receive while owning an investment
  • Money Market Instruments
    • Treasury Bills
    • Repurchase Agreement
    • Commercial Papers
    • Banker's Acceptance
    • Negotiable Certificate of Deposits