• A trade, quote, or market that does not originate with the dealer in question, for example, "the bid is 98 10 away (from me)."
• A trade, quote, or market that does not originate with the dealer in question, e.g., the bid is 98-10 away from me.
| ||Embedded terms in definition|
| ||Referenced Terms|
| ||Beta mutual funds: The measure of a fund's or stocks risk in relation to the market. A beta of 0.7 means the fund's total return is likely to move up or down 70% of the market change; 1.3 means total return is likely to move up or down 30% more than the market. Beta is referred to as an index of the systematic risk due to general market conditions that cannot be diversified Away.|
| ||Fat tails: Describes the appearance of a probability curve which has a higher-than-normally-expected occurrence of observations in the remote areas, or tails, Away from the mean.|
| ||Hot money: This refers to uninsured (jumbo) deposits currently over $100,000. Since they are uninsured, depositors are sensitive to the health of the bank and run at the first sign of distress.Money that moves across country borders in response to interest rate differences and that moves Away when the interest rate differential disappears.|
| ||Market risk: Market risk is the risk that investments will change in value based on changes in general market prices.Risk that cannot be diversified Away. Related: systematic riskThe potential for an investor to experience losses owing to day-to-day fluctuations in the prices at which securities can be bought or sold. The Market Risk expresses the volatility of a stock price relative to the overall market as indicated by beta.|
| ||Nearby futures contract: When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next futures contract is the one that settles just after the nearby futures contract. The contract farthest Away in time from settlement is called the most distant futures contract.|
| ||Related Terms|
| ||Backing away|
Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...
If you wait for the perfect moment when all is safe and assured, it may never arrive. Mountains will not be climbed, races won, or lasting happiness achieved. – Maurice Chevalier