flat

(redirected from the Flat)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

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 ?
The flat began to leak and I climbed out on the pile.
Then Leonard entered Block B of the flats, and turned, not upstairs, but down, into what is known to house agents as a semi-basement, and to other men as a cellar.
But I held my tongue until we had regained the flat in the cautious manner of our exit, and even there until Raffles rallied me with a hand on either shoulder and an old smile upon his face.
The railroad's blocked by a freight-train that got stuck in a drift below the Flats," he explained, as we jogged off into the stinging whiteness.
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
For instance, the flat rents in a scattered-site building will range from $400 a month for a studio to $1,025 a month for a four-bedroom, but the flat rents for CHA units in The Domain Lofts, a Near North Side luxury condo that includes a handful of public housing apartments, will range from $1,200 a month for a studio to $2,250 a month for a four-bedroom.
Curl defenders may have to expand to the flat area.
The rolled-up paper towel should have retained more water than the flat paper towel That's because a flat paper towel has a larger surface area than a rolled-up one, allowing the water to evaporate more quickly from the flat towel.
IBM continues to enhance its leadership position in the market by expanding the flat panel product line and incorporating new advanced features.
The wires were placed to minimize the deflection of the flat when loaded.
Bohlken Bai has a more avant-garde approach to the flat panel display.