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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 ?
MapForce 2006 Enterprise Edition supports all the features of MapForce 2006 Professional Edition with the addition of Web services mapping and implementation, EDI mapping, and the FlexText flat file integration utility.
An expanded set of data sources, including: relational databases, web services, message queues, Enterprise Service Buses (ESB's), and flat files
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IRI's high-performance file manipulation package, CoSORT, has been recognized for years as an ETL and BI engine because its SortCL program rapidly performs large scale data warehouse transforms and reports - integrating, staging, and presenting flat files from and to many formats.
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