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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 ?
Flatness is the one of the most important methods of meteorological measurements.
This idea of a fabricated surrogate--a displaced witness to feeling--casts a slightly different light on the flatness in Play Pause.
Within the building, the cascade of stairs and landings between the halls plays its complexity against the flatness of the floor below, which is again the stable reference point.
Shapeline AB is a Swedish based supplier of systems for flatness measurement within the global steel-/metals industry.
Peter Wolters' engineers have developed a new silicon wafer grinding technology called PPG that provides industry-leading flatness and defectivity values.
The deviation of flatness is defined as maximal distance between the effective surface and the adjacent plane of the board, kept between limits of reference (Lazarescu, 2005).
The MG-2000 laser flatness kit can check machine beds, rollers, web assemblies, X-Y stages, and mechanical slides to 0.
Intersil's EL5166 and EL5167 feature excellent gain flatness, with typical performance of 1.
MARC/AutoForge is indispensable; it has made it possible to know the stress of metal molds and workpieces and enabled us to predict workpiece flatness, reducing design time and physical testing," says Okura.
The combination of wafer thickness variation measurements (performed in the IR) and chucked wafer flatness measurements (performed with a visible He-Ne source) help in the deduction of the flatness of the vacuum chuck.
The low elevation and flatness of the bands strongly suggest that eruptions of water or slushy ice flooded these low-lying regions, filling in old craters and then freezing in place, Schenk asserts.