Confirmation

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Confirmation

The written statement that follows any "trade" in the securities markets. Confirmation is issued immediately after a trade is executed. It spells out settlement date, terms, commission, etc.

Confirmation

1. A written statement a broker issues after a trade spelling out what exactly transpired, including the price, commissions, applicable fees, and the terms of trade. Confirmations are sometimes sent out immediately, but often within a week of the transaction.

2. A market indication corroborating a previous indication. This shows that a predicted market trend will in fact take place, reducing uncertainty in the market.

confirmation

1. A written acknowledgment of a security trade that lists important details of the trade such as date, size of the transaction, price, commission, taxes, and amount of money involved. A confirmation is generally mailed the day after a trade takes place. See also cancellation.
2. The reaction of one technical indicator (such as the movement of a stock price average) that strengthens a signal given by another indicator.

Confirmation.

When you buy or sell a stock or bond, your brokerage firm will send you a confirmation, or printed document, with the details of the transaction.

Confirmations include the price, any fees, and the trade and settlement dates. Stock confirmations also include the commission if it applies. These documents are your backup for calculating capital gains and losses.

You'll also receive a confirmation to reaffirm orders you place, such as a good 'til canceled order to buy or sell a certain stock at a stop or limit price.

In addition, activity in your trading account, such as stock splits, spinoffs, or mergers will trigger a confirmation notice.

References in periodicals archive ?
If the original reason for this deferral was to permit the bishop to exercise his role as ordinary minister of the sacrament of confirmation, subsequent developments indicate an increasing attention being given to the elements of education and preparation for the sacraments, both of confirmation and of first Eucharist.
A second aspect which deserves further theological and pastoral reflection is the role of the bishop as the ordinary minister of the sacrament of confirmation.
While the Bible stories about Jesus relate to the child's world of reference and provide a basis for teaching a basic theology of Eucharist, the less tangible character of the theology of the Spirit prompted earlier commentators to recommend deferral of the sacrament of confirmation to a later age in order to permit a necessary and adequate catechesis.
While youth ministers recognize the need for some rite of passage for adolescents, they should not try to use the sacrament of Confirmation for this purpose.
Today in dioceses around the United States the age for administration of the sacrament of confirmation varies.
At whatever age it is administered, the essence of the sacrament of confirmation remains the same: the outpouring of the Holy Spirit into the life of a Christian.
The sacrament of confirmation holds much greater significance in the lives of today's young Catholics.
The last official decree on the age for confirmation, issued by the United States Conference of Catholic Bishops in August 2001, states that "the sacrament of confirmation in the Latin Rite shall be conferred between the age of discretion [seven years] and about 16 years of age.
The sample is not representative of all young Catholics since it is estimated only two-thirds of non-Hispanic Catholics -- and a much smaller percentage of Hispanic Catholics -- receive the sacrament of confirmation.