ABNORMAL GAIN Definition

Bookmark and Share

ABNORMAL GAIN see NORMAL LOSS.

Learn new Accounting Terms

DATE OF RECORD is the date which determines which shareholders receive dividends.

GLOBAL CUSTODY is a term used within the investment banking industry in defining securities/monetary instruments that are traded internationally by Global Custodians. Those securities would be held in "Global Custody". Chase Bank originated the concept of providing Global Custody trading services for institutional investors trading in foreign markets in 1974. Banks recognized as Global Custodians provide their customers with Global Custody services in respect to securities traded and settled not only in the country in which the Global Custodian is located but also in numerous other countries throughout the world.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.