flat

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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 classic literature ?
We're kinder side-tracked here now," he added, "but there was considerable passing before the railroad was carried through to the Flats.
He had taken to the girl from the first day, when he had driven over to the Flats to meet her, and she had smiled and waved to him from the train, crying out, "You must be Ethan
I fancy this sort of disfigurement embittered the poor chap a little; for while Smythe was ready to show off his monkey tricks anywhere, James Welkin (that was the squinting man's name) never did anything except soak in our bar parlour, and go for great walks by himself in the flat, grey country all round.
I use them in my own flat," said the little black-bearded man, laughing, "partly for advertisements, and partly for real convenience.
It makes one feel so wild, when I've pretended to the people here that you're my wife--all right, you shall be my wife--and I've bought you the ring to wear, and I've taken this flat furnished, and it's far more than I can afford, and yet you aren't content, and I've also not told the truth when I've written home.
The inhabitants of Camelia Road tramped to and fro outside the window, just on a level with their heads, and the family in the flat on the ground-floor began to sing, "Hark, my soul, it is the Lord.
I fancied a flat, and a man recommended these on the boat; such a good chap, Bunny; he was my reference when it came to signing the lease.
He impounded the dispersing Butteridge plans with one comprehensive sweep of his arm, rescuing them even from the expository finger-marks of the man with the flat voice, and handed them to Bert.
Daylight's interest was centered in the big flat itself, with deep water all along its edge for steamboat landings.
The girls had discovered that if the flat were pushed off from the landing place it would drift down with the current under the bridge and finally strand itself on another headland lower down which ran out at a curve in the pond.
We must suppose the Melipona to arrange her cells in level layers, as she already does her cylindrical cells; and we must further suppose, and this is the greatest difficulty, that she can somehow judge accurately at what distance to stand from her fellow-labourers when several are making their spheres; but she is already so far enabled to judge of distance, that she always describes her spheres so as to intersect largely; and then she unites the points of intersection by perfectly flat surfaces.
a quick feminine change to hysterical tears and wails, necessitating the immediate employment of all the comforting powers of the lord of the flat.