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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 ?
Prizes are $500 for first place; $250 for second place; and $100 for third place, Flatter said.
Kalp yetersizligi bulgulari ile klinigimize basvuran uc aylik kiz bebege hamak mitral kapaga bagli olarak gelisen sol atriyal genisleme ve atriyal flatter tanilari koyuldu.
4 : to make look more attractive <That dress flatters you.>
BIG PATTERN A structured top boosts the bust (and flatters your waist).
Operators can use the moisture information to adjust and optimize their Uhle box vacuums, felt showers, press crowns and zone control rolls in order to achieve flatter profiles with new felts.
Rajan and Wulf conclude that the explanation for flatter corporate hierarchies that fits most closely with the facts is technological and environmental change.
The ultimate reward for the flatterer was to be buried near the Great One's tomb, and thereby gain the chance to flatter him for eternity.
This concludes the arguments for Middle English glaver 'to flatter, deceive' as a loan from a Brittonic verb represented by Welsh glafoerio 'to drivel'.
Would Crystal Palace have preferred to visit Wembley, where the atmosphere for Spurs' home matches had become flatter and flatter, instead of being the guests at a grand opening night?
The 2s-30s spread is now 2 bp flatter at +47.3 bp out from earlier narrows of -3.4 bp flatter.
Year after year they flatter to deceive and that's about the only flattering thing you can say about them.