please define the \"earnings estimate\"
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Q: please define the "earnings estimate"

Category: glossary , Asked by: Z. Bentley from United States

A: An analyst's estimate for a company's future quarterly or annual earnings. Analysts use forecasting models, management guidance, and fundamental information on the company in order to derive an estimate. Visit GCI


    please define "back office"

    Category: glossary by E. S. From Surrey, Canada

    The office location, or department, where the processing of financial transactions takes place.

    please define a "rate trigger"

    Category: glossary by G. Dorsey from Winston-Salem, United States

    A sizeable decline in interest rates that may trigger or cause companies to call in bonds that otherwise pay high coupon or interest rates. Because these bonds are being called before their initial expiration date, theoretically, bondholders can expect to receive a premium or additional sum for their securities. As an example, if a company that issues bonds containing a coupon or interest rate of 12% was to see the prevailing interest rate to drop to 7%, it may exercise its option to "call", or buy back these bonds from the debt holders, enabling the company to borrow money at a much lower rate than when the security was first issued. The company, however, must pay bondholders a premium, or an additional amount over and above the bond

    please tell me what "dower" is

    Category: glossary by Y. Rhodes from United Kingdom

    the "dower " is A common law that entitles a widow to a portion of her husband's estate in absence of a will. The provision of dower allows the wife to provide for herself and any children born during the marriage. In most circumstances, the widow is granted up to one-third interest in her husband's assets. Dower provides a woman with increased financial security if their husbands die. In some states, a woman forfeits her right to dower if she becomes the guilty party in an annulment or divorce, usually caused by adultery. In modern times, inheritance rights are more prevalent, making dower laws obsolete.


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