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Flat

Convertibles: Earning interest on the date of payment only.
General: Having neither a short nor a long position in a stock. Clean.
Market: Characterized by horizontal price movement, usually the result of low activity.
Equities: To execute without commission or markup.

Flat

1. Describing a stock or other security that is neither rising nor falling in price.

2. In foreign exchange, having no position. That is, an investor is flat if he/she has neither bought nor short sold a given currency.

3. Describing a bond that trades without interest that has accumulated since the last coupon payment. It is fairly unusual for bonds to trade flat, as the buyer is normally expected to compensate the seller for the next coupon that the seller will no longer receive from the issuer. However, bonds in default trade flat.

flat

1. Of, relating to, or being a market maker's inventory position that is neither long nor short; that is, the inventory is zero.
2. Of, relating to, or being a bond that trades without accrued interest. For example, bonds of a company in bankruptcy proceedings trade flat. A bond trading flat is indicated in bond transaction tables by the symbol f.

flat

An apartment.
References in periodicals archive ?
To obtain the flat rate under the new Water Board program, owners will have to make an investment in plumbing and fixtures.
The flat rate could be calculated at 105 percent or 100 percent of the mean.
Flat Rate Home Services reached out to James Duff, the Director of Milwaukee County Veterans Service Office in effort to get the word out to veterans who may be in need.
Craig Parnham, Telecom s head of mobile products, says: Flat rate data roaming has proved to be tremendously popular with our customers over the past year, contributing to a more than seven-fold increase in international data roaming volumes that s roughly eight times faster than the increase in domestic data volumes.
Many of those who stand to gain the most are traders who are currently not registered at all for VAT, especially as newly-VAT registered businesses are given a 1% reduction in flat rate payment in their first year of registration.
The German telecomms regulator RegTP has issued guidelines to Deutsche Telekom over dial-up flat rate access for rival ISPs.
the Water Board will once again extend the flat rate billing transition program to June 30, 2000, and expand eligibility to those buildings with six or more units with no variances needed.
And MCI, whose flat rate is nearly identical to AT&T's, responded quickly, filing a request with the Federal Communications Commission on Wednesday to lower its rate to 14.
Unlimited Flat Rate Calling Plan to Be Sold Through Independent Metro PCS Dealers
com)-- The next generation in-home HVAC flat rate pricing for the HVAC industry is here.
90 per month, for example, families get a fixed-network line including flat rate for the German landline network.