MAKING A MARKET Definition

Bookmark and Share

MAKING A MARKET is securities dealers showing both a bid and an offer for a particular maturity and type of secu­rity. This is not to be confused with a quote, which is a general indication of prices rather than a specific price at which a transaction may be executed.

Learn new Accounting Terms

VALUATION DATE is the specific point in time as of which the valuator's opinion of value applies (also referred to as "Effective Date" or "Appraisal Date").

COMPULSORY LIQUIDATION is the winding-up of a company by a court. A petition must be presented both at the court and the registered office of the company. Those by whom it may be presented include: the company, the directors, a creditor, an official receiver, and the Secretary of State for Trade and Industry. The grounds on which a company may be wound up by the court include: a special resolution of the company that it be wound up by the court; that the company is unable to pay its debts; that the number of members is reduced below two; or that the court is of the opinion that it would be just and equitable for the company to be wound up. The court may appoint a provisional liquidator after the winding-up petition has been presented; it may also appoint a special manager to manage the companys property. On the grant of the order for winding-up, the official receiver becomes the liquidator and continues in office until some other person is appointed, either by the creditors or the members.

Suggest a Term

Enter Search Term

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