NEGATIVE CARRY
\nˈɛɡətˌɪv kˈaɹi], \nˈɛɡətˌɪv kˈaɹi], \n_ˈɛ_ɡ_ə_t_ˌɪ_v k_ˈa_ɹ_i]\
Sort: Oldest first
-
1. In Banking, this occurs when income earned from a loan is less than the bank's fund costs. Also known as negative cost of carry. 2. In Borrowing, this occurs when fund costs exceeds fund income obtained. Also known as reverse leverage. 3. In Securities trading, this occurs when securities' income earned is less than fund cost borrowed to purchase them.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.