Series 66 - E's

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Series 66 - E's
2014-03-06 16:02:26
Series 66 definitions terms

Series 66 E's
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  1. Under Federal Tax laws,  refers to income from wages and salaries for a taxpayer.
    Earned Income
  2. Refers to a corporation's Net Income Available to Common Stockholders divided by its common shares outstanding.
    Earnings Per Share (EPS)
  3. EPS
    Earnings Per Share (EPS)
  4. Types of Economic Indicators
    • leading
    • coincident
    • lagging
  5. Leading Indicators
    • New Building Permits
    • Stock Prices
    • Orders for Durable Goods
    • Money Supply
    • Help Wanted Advertising
  6. Coincident Indicators
    • Index of Industrial production¬†
    • Manufacturing
    • Trade Sales
  7. Lagging indicators
    • Unemployment Rate
    • Average Prime Rate
    • Average Duration of Unemployment
    • Corporate Profits
  8. A type of DPP that purchases equipment and leases it to corporations. Limited partners receive income from lease payments and are allowed depreciation deductions on the equipment.
    Equipment Leasing Programs
  9. Ownership; either as a shareholder in a corporation or in a margin account, the excess over the customer's debit balance.
  10. ERISA
    Employee Retirement Income Security Act
  11. designed to protect private sector employees from imprudent investment decisions of their employers or unions.
    ERISA - Employee Retirement Income Security Act
  12. Issued by an Options Clearing Corporation (OCC) approved bank. It states that the bank is holding a certain amount of shares on behalf of a customer. The bank agrees to deliver the shares to the brokerage firm if a call option is exercised against the customer.
    Escrow Receipt
  13. A bond which pays interest and principal in American dollars. The bonds are offered outside of the United States and the issuer normally pays a lower interest rate. ____ ___ may be issued by an American, European, Japanese, or Australian corporations.
    Eurodollar Bonds
  14. American dollars held in banks outside the United States. Investors may transfer funds to European banks from the U.S. to receive a higher interest rate.
  15. The price at which one currency can be used to purchase another country's currency.x
    Exchange Rate
  16. Normally the second business day before the Record Date. To be entitled to receive a dividend in a regular way transaction, a customer must purchase the security prior to the ____ ___.
    Ex-Dividend Date
  17. Securities which do not have to be registered under the Securities Act of 1933 in order to be sold to the public.
    Exempt Securities
  18. Refers to the price at which an option can be exercised by the holder.
    Exercise Price
  19. refers to income received by a taxpayer from sources such as dividends, interest, and rent.
    Unearned income
  20. income or losses are derived from activities in which the taxpayer does not materially participate.
    Passive income or losses
  21. Examples of exempt securities include
    • U.S. Government securities
    • Federal Agency Issues
    • Municipal Securities