The loss in yield that occurs when a block of bonds is swapped for another block of lower-coupon bonds Can also be referred to as ``after-tax give up'' when the implications of the profit or loss on taxes are considered
stop maintaining or insisting on; of ideas, claims, etc ; "He abandoned the thought of asking for her hand in marriage"; "Both sides have to give up some calims in these negociations"
give up or agree to forego to the power or possession of another; "The last Taleban fighters finally surrendered"
A contract executed by one broker for the client of another broker that the client orders to be turned over to the second broker The broker accepting the order from the customer collects a wire toll from the carrying broker for the use of the facilities Often used to consolidate many small orders or to disperse large ones
2. If you give up, you decide that you cannot do something and stop trying to do it. After a fruitless morning sitting at his desk he had given up
If you give yourself up, you let the police or other people know where you are, after you have been hiding from them. A 28-year-old man later gave himself up and will appear in court today
give up with the intent of never claiming again; "Abandon your life to God"; "She gave up her children to her ex-husband when she moved to Tahiti"; "We gave the drowning victim up for dead"
Used for listed equity securities 1) Term used in a securities transaction involving three brokers, as illustrated by the following scenario: Broker A, a floor broker, executes a buy order for broker B (Another member firm broker who has too much business at the time to execute the order ) The broker with whom broker A completes the transaction (the sell side broker) is broker C Broker A "gives up" the name of broker B, so that the record shows a transaction between broker B and broker C even though the trade was actually executed between broker A and broker C; 2) distribution of commissions to brokerage houses not participating in a trade This is a grey area of the law intended to reimburse a broker for previously provided services (i e , Research) See: directed brokerage
give up what is not strictly needed; "he asked if they could spare one of their horses to speed his journey"
If you give up something that you have or that you are entitled to, you allow someone else to have it. Georgia refuses to give up any territory One of the men with him gave up his place on the bench
leave (a job, post, post, or position) voluntarily; "She vacated the position when she got pregnant"; "The chairman resigned when he was found to have misappropriated funds"
Used for listed equity securities (1) Term used in a securities transaction involving three brokers, as follows: Broker A, a floor broker, executes a buy order for broker B (a member firm broker who has too much business at the time to execute the order) The broker with whom broker A completes the transaction (the sell-side broker) is broker C Broker A "gives up" the name of broker B, so that the record shows a transaction between broker B and broker C even though the trade is actually executed between broker A and broker C; (2) distribution of commissions to brokerage houses not participating in a trade This is a grey area of the law governing reimbursement of a broker for services (e g , research) See: Directed brokerage