- Transaction exposure is the level of uncertainty faced by companies involved in international trade due to currency fluctuations.
- Trust preferred securities were a type of bank-issued securities with characteristics of both debt and equity.
- Lagging stocks are not keeping up with the broader market.
- Under water means that the asset is worth less than what was paid for it.
- Unlimited risk is associated with transactions or investments that theoretically can lead to unlimited losses.
- Unsystematic risk, or company-specific risk, is the risk associated with a particular investment.
- To promote a position means to close it.
- Potential to increase the value of the investment, measured in money or percentage.
- Value traps are investments that trade at such low levels and present buying opportunities for investors but are actually misleading.
- This strategy allows a large shareholder to make a profit while deferring taxes on capital gains.