Life Style / Time Shares / Rci: Resort Condominiums International. Owned by Cendant, RCI is the largest timeshare exchange company in the world.
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Business / Finance / Commercial Paper: Similar to MBS but backed by loans secured with commercial rather than residential property. Commercial property includes multi-family, retail, office, etc., They are not standardized so there are a l MORE
Business / Finance / Commercial Property: Short-term unsecured promissory notes issued by a corporation. The maturity of commercial paper is typically less than 270 days; the most common maturity range is 30 to 50 days or less. MORE
Business / Finance / Exercise Notice: Cap on the number of option contracts of any one class of contract. that can be exercised within a five-day period contract. Stock option's exercise limit is typically 2000 contracts. MORE
Business / Taxes / Automatic Exercise: If you hold a call option, automatic exercise may occur if the contract is in-the-money by a certain amount. In this case, an in-the-money contract is one where the strike price ?€” the price at w MORE
Business / Real Estate / Commercial Bank: A financial institution designed to act as a safe depository and lender for many commercial activities (usually short-term loans or lines of credit). Commercial banks rely heavily on demand deposits-- MORE
Business / Finance / Exercise Price: A broker's notification a client want to exercise a right to buy or sell (depending on the type of contract) the underlying security of the option contract. MORE