A change of direction in prices In a legal context, when an appellate body sets aside the decision of a body because of an error A reversal is often followed by a remand
The act of reversing; the causing to move or face in an opposite direction, or to stand or lie in an inverted position; as, the reversal of a rotating wheel; the reversal of objects by a convex lens
a judgment by a higher court that the judgment of a lower court was incorrect and should be set aside a decision to reverse an earlier decision turning in an opposite direction or position; "the reversal of the image in the lens
Turn, unwind For convertible reversal, selling a convertible and buying the underlying common, usually effected by an arbitrageur For market reversal, change in direction in the stock or commodity futures markets, as charted by technical analysts in trading ranges For options reversal, closing the positions of each aspect of an options spread or combination strategy
A place where the current swings upward and revolves back on itself, forming a treacherous meeting of currents that can drown swimmers and slow, swamp, trap, or flip rafts Some reversals take the form of flat,foamy, surface backflows immediately below large obstructions justunder the surface, while others consist of steep waves that curl heavilyback onto their own upstream faces Reversals are also called hydraulics stoppers, keepers, white eddies,roller waves, backrollers, curlers,sidecurlers, souse holes, and, mostfrequently, holes Although some of these terms are used loosely to refer to any sort of reversal, others carry more precise shades of meaningand refer to certain types of reversals Each of these terms is discussed separately in this glossary
Tax and/or direct deposit payroll payments: A customer-initiated request issued via the Automated Clearing House (ACH) network to return funds for a tax and/or direct deposit payroll payment after the Cutoff Time of the Account Debit Date Reversals can be requested up to 5 Bank Business Days after the Tax Payment Date or Employee Pay Date
When there is a role reversal or a reversal of roles, two people or groups exchange their positions or functions. When children end up taking care of their parents, it is a strange role reversal indeed
An example of an arbitrage trade, where the future is sold and a synthetic future is purchased by buying a call option and selling a put option with the same maturity and strike price on the same underlying asset Entered into when the relationship described as put/call parity has broken down, and the futures is relatively expensive to the synthetic The opposite of a conversion See also Arbitrage and Conversion
A transaction from the acquirer to the card issuer informing the card issuer that the previously initiated transaction cannot be processed as instructed, i e , is undeliverable, unprocessed or cancelled by the receiver
It is a reversal when the defensive wrestler comes from underneath and gains control of his opponent, either on the mat or in a read standing position, while inbounds
a change from one state to the opposite state; "there was a reversal of autonomic function" a judgment by a higher court that the judgment of a lower court was incorrect and should be set aside a decision to reverse an earlier decision turning in an opposite direction or position; "the reversal of the image in the lens
A message informing the sender of the original message that the message cannot be processed as instructed, i e is undeliverable, unprocessable or cancelled by the receiver
A bond swap that is the "reverse" of a prior bond swap If the initial bond swap consisted of selling bond A and buying bond B, the reversal is the sale of B and the purchase of A
A reversal of a process, policy, or trend is a complete change in it. The Financial Times says the move represents a complete reversal of previous US policy
Used in the context of general equities Turn, Unwind For convertible reversal, selling a convertible and buying the underlying common, usually done by an arbitrageur For market reversal, change in direction in the stock or commodity futures markets, as charted by technical analysts in trading ranges For options reversal, closing the positions of each aspect of an options spread or combination strategy
A change or overthrowing; as, the reversal of a judgment, which amounts to an official declaration that it is false; the reversal of an attainder, or of an outlawry, by which the sentence is rendered void
a reversal is when the defensive wrestler comes from underneath and gains control of his opponent, either on the mat or in a read standing position, while inbounds
A process for making a positive image directly from film exposed in the camera; also for making a negative image directly from a negative or a positive image from a positive transparency
A change of direction in prices Also, for a person short the physical and long synthetic futures, borrowing to purchase the physical and shorting futures This takes advantage of low interest rates and allows him to make delivery if necessary