window dressing

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Window dressing

Trading activity near the end of a quarter or fiscal year that is designed to improve the appearance of a portfolio to be presented to clients or shareholders. For example, a portfolio manager may sell losing positions so as to display only positions that have gained in value. Financial institutions have also been criticized for a different type of window dressing as many moved debt off the balance sheet near the end of the quarter in a temporary manner. This made the bank appear to have less leverage than it actually did.

Window Dressing

The act or practice of buying and selling securities on a portfolio immediately before a report is due in order to make the portfolio look more profitable or otherwise healthier than it has been. For example, the portfolio manager may sell stocks that have performed poorly and buy those that have performed well. Portfolios receive window dressing in order to make them look more attractive to prospective investors, which in turn makes the portfolio manager look more successful. The practice is also called dressing up a portfolio or portfolio dressing. See also: Manager Universe (benchmark).

window dressing

An adjustment made to a portfolio or financial statement to create false appearances. For example, a manager may decide to provide window dressing to a portfolio by selling stock that has declined in value and replacing it with stock that has increased in value. Such activity creates the impression of successful portfolio management.

window dressing

the use of discretion in the application of ACCOUNTING PRINCIPLES so as to report PROFIT and ASSET figures which are flattering to the company. Window dressing is a form of CREATIVE ACCOUNTING which is concerned with making modest adjustment to sales, debtors and stock items when preparing year-end ANNUAL REPORTS AND ACCOUNTS.

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Parent" appears 22 times in the statute: 14 mentions are legal, 2 are window-dressing, 6 are rights, and none are responsibilities.

A Survey of parental rights and responsibilities in school choice laws

While trying to unravel the window-dressing maneuvers by questioning the three, prosecutors have also queried Kubota and his successor as bank president, Shigeoki Togo, 55, over the case, the sources said.

Prosecutors to establish case against ex-execs of NCB

The prosecutors have already questioned other NCB executives and senior officials over the suspected window-dressing.

Ex-NCB chairman, president questioned over bank's books

If the PSEi this week could sustain gains from month-end window-dressing, AB Capital said last week's breach of the key support level could be considered a fluke.

Fed rate hike seen halting PSEi run

This week, market sentiment might remain cautious but the start of yearend window-dressing activities could boost the main index, said Joseph Roxas, president of local stockbrokerage Eagle Equities.

Window-dressing seen to lift stocks

It is too early to judge for sure whether Lebed is a real power in the Yeltsin administration or a bit of campaign window-dressing, but almost everyone in the focus groups, including people who did not vote for Lebed and do not like him at all, say he has become the second most important man in Russia.

RUSSIAN TOWN SHOWS LEBED'S BACKING IMPORTANT TO YELTSIN

THE LOCAL stock barometer is seen trading with some upside this week, aided by month-end and quarter-end window-dressing activities.

Stocks forecast to rise

MANILA -- Most local stocks climbed for a fourth straight session on Wednesday, bringing the main index back to the 6,800 level, as semester-end window-dressing activities trumped jitters over violence in the Middle East.

PSEi back at 6,800 level; semester-end window dressing cited

The local stock barometer crept higher for a third straight session Tuesday in anticipation of semester-end window-dressing activities.

PSEi ends slightly higher

3 percent on the back of yearend window-dressing activities while the market braced for the tapering of easy US money in the coming year.

Local stock market ends year up

Some take position for the coming year while others embark on yearend window-dressing.

Investors await Fed move

MANILA -- Month-end window-dressing shored up the local stock index toward the 6,200 mark on Friday, reversing losses earlier in the session.