Relationship and Resource Management in Operations
This text explains in practical terms the importance of the business relationships with internal and external counterparts while demonstrating how things can go wrong and what causes the situation.
TABLE OF CONTENTS Relationship and Resource Management in Operations
F
- Face value
- The value of a bond, note, mortgage or other security that appears on the face of the issue, unless the value is otherwise specified by the issuing company. Face value is ordinarily the amount the issuing company promises to pay at maturity. It is also referred to as par or nominal value.
- Failed transaction
- A securities transaction that does not settle on time; i.e. the securities and/or cash are not exchanged as agreed on the settlement date.
- Final settlement
- The completion of a transaction when the delivery of all components of a trade is performed.
- Financial futures/options contracts
- Financial futures is a term used to describe futures contracts based on financial instruments such as currencies, debt instruments and financial indices.
- Financial Services Authority (FSA)
- The agency designated by the Treasury to regulate investment business as required by FSA 1986 and then FSMA 2000. It is the main regulator of the financial sector and was formerly called the Securities and Investments Board (SIB). It assumed its full powers on 1 December 2001.
- First notice day
- The first day that the holders of short positions can give notification to the exchange/clearing house that they wish to effect delivery.
- Fiscal agent
- A commercial bank appointed by the borrower to undertake certain duties related to the new issue, such as assisting the payment of interest and principal, redeeming bonds or coupons, handling taxes, replacement of lost or damaged securities, destruction of coupons and bonds once payments have been made.
- Fixed income
Copyright David Loader 2002 under license agreement with Books24x7
