Subject

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Subject

Refers to a bid or offer that cannot be executed without confirmation from the customer. In other words, not firm, but a bid/offer that needs additional information/confirmation before becoming firm and is therefore still negotiable.

Subject

Describing a bid or offer for a security that is still negotiable. That is, a subject bid/offer is not firm and requires confirmation before a transaction involving it can be executed.
References in periodicals archive ?
Accordingly, any study involving the administration of a pesticide to a human subject must he designed to minimize harm while subjecting the participant to no unreasonable risk.
The Bottiglieri opinion is interesting because it involves a situation where the parent's contacts with a state were essentially attributed to a subsidiary that itself lacked the direct contacts with that state necessary for subjecting it to tax.
For example, H and W could establish a "defective" trust with a "friendly" trustee, and thus, have access to the income and corpus of their investment portfolio without subjecting it to Federal transfer taxes.