monetary default

Definitions

1. Investing: The point on the National Best Bid and Offer (NBBO) at which market orders submitted through International Securities Exchange are executed when an eligible contra-order is available. Limit orders are executed at the midpoint when the midpoint price is better than the limit price.

2. Failure by a borrower to make payments on principal or interest by a specified date to the lender. For example, a mortgagor who fails to make payment to the lender after considering any forbearance is at monetary default.

单词	monetary default
释义	monetary default Definitions 1. Investing: The point on the National Best Bid and Offer (NBBO) at which market orders submitted through International Securities Exchange are executed when an eligible contra-order is available. Limit orders are executed at the midpoint when the midpoint price is better than the limit price. 2. Failure by a borrower to make payments on principal or interest by a specified date to the lender. For example, a mortgagor who fails to make payment to the lender after considering any forbearance is at monetary default.
随便看	operating netback operating overhead expense operating performance ratio operating plan operating profit operating profit margin operating profit to sales operating rate operating ratios operating revenue operating risk operating strategy operating supplies operating time operating transfer operating unit operation operational acceptance operational assessment operational audit operational budget operational control operational decisions operational disciplines operational effectiveness