Insider Trading. Insider trading is a poorly defined concept with roots in adverse selection theory and the efficient market hypothesis (EMH). The popular notion is that insiders have an unfair advantage because they possess materially significant and non-public information â an informational asymmetry.
In format, a letter of guarantee is normally a short document that addresses a specific transaction. The text contains data that establishes the identity of the buyer, his or her relationship with the bank, and the nature and general value of the asset that is pledged as collateral.
Meaning: A written assurance that some product or service will be provided or will meet certain specifications. Classified under: Nouns denoting communicative processes and contents. Synonyms: guarantee; warranty; warrantee; warrant. Hypernyms (guarantee is a kind of...): assurance; pledge (a binding commitment to do or give or refrain from something) Hyponyms (each of the following is a kind of guarantee): security; surety (a guarantee that an obligation will be met) deposit (a payment given as a guarantee that an obligation will be met) stock warrant (a written certificate that gives the holder the right to purchase shares of a stock for a specified price within a specified period of time) Meaning: