gap

Gap

Financing that is required, but for which no provision has been made. The difference in total funding needed for a proposal and the amount of funding already made available.

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gap

A price range in which no shares are traded. A gap on a chart is created when the lowest price at which a security trades on one day is above the highest price at which the same security was traded on the previous day. Thus, if a stock trades between a low of $51 and a high of $52.50 on Monday and between $53.50 and $54 on the following day, a gap from $52.50 to $53.50 is created on a chartist's graph. A gap may have varying degrees of significance, depending on the general formation and the volume at the time the gap occurs. Also called price gap. See also breakaway gap, exhaustion gap, runaway gap.

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Gap

1. In technical analysis, a break on a chart representing a sudden and large price movement accompanied by high trading volume. Generally speaking, charts do not show gaps because price movements, even when large, occur smoothly enough to not require a break in the chart. Gaps may occur, for example, when the price of a security suddenly doubles or halves. As with many charting terms, it may be bullish or bearish; a sudden movement upward is a bullish gap, while a sudden movement downward is bearish. It is also called a breakaway gap.

2. Financing that is needed but unavailable. A common solution to filling a gap is borrowing.

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gap

A time period when an additional title search is being conducted to determine if any adverse findings have occurred since the original title search and the recording of the deed or mortgage.