reverse inquiry n.— «Market participants echoed those comments. “The book was incredibly large and the average fill was only 20% to 25%,” meaning that institutional investors received one-fifth to one-quarter of the orders...
wirehouse n.— «Recruiters said although there has been a spike this year in disenfranchised advisers going independent, the vast majority of those on the move simply go to another “wirehouse”—a term used to describe large...
checkbook charity n.— «During good times, our donors have set aside significant charitable dollars, and now are able to tap those funds when they are needed most.…It demonstrates how donor advised funds can help people go beyond...
have hair on them v. phr.— «Mountain Funding, for example, has responded to increased competition by seeking investments “with some degree of hair on them,” Nevid says. The company has found less competition in land development and...