Eric Berch

Liquid asset
Asset that is easily and cheaply turned into cash-notably, cash itself and short-termsecurities.

Dynamic hedging
A strategy that involves rebalancinghedgepositions as market conditions change; a strategy that seeks to insure the value of a portfolio using a syntheticput option.

Foreign tax credit
Home country credit against domestic income tax. Received in return for foreign taxes paid on foreign derived earnings.( – Ian Berch)

Mark Berch: Freight shippers
Agents who coordinate the logistics of transportation.

Offer price
See: Offer.

Maloney Act
1938 legislation amending the Securities Exchange Act that regulates the OTC market. ( Mark Berch )

Settlement options
The various possibilities open to a beneficiary under a life insurance policy as to how the benefit will be paid out.

Ian Berch

Times-interest-earned ratio
Earnings before interest and tax, divided by interest payments.

Eric Berch: V formation
A technical chart pattern that follows a letter V form, indicating that the security price has bottomed out, and is now in a bullish trend.

Mark Berch: Short straddle
A straddle involves both purchase and sale. In short straddle one put and one call are sold.