Green Shoe

A provision in an underwriting agreement which allows members of the underwriting syndicate to purchase additional shares at the original. This is a useful provision for underwriters in the event of exceptional public demand. The name comes from the fact that Green Shoe Company was the first to grant such an option to underwriters. also called overallotment provision.

Cross-hedging

Hedging one instrument's risk with a different by taking a position is a related derivatives contract. This is often done when there is no derivatives contract for the instrument being hedged, or a suitable derivatives contract exists but the market is highly illiquid. The success of cross-hedging depends completely on how strongly correlated the instrument being hedged is with the instrument which underlies the derivatives contract. Additionally, the credit quality of the derivative and the instrument being hedged needs to be similar and their markets need to be of similar liquidity, so that price changes are similar. Lastly, the maturity of the derivatives contract must be at least as long as the maturity of the desired hedge, otherwise the investor will be left with an unhedged exposure for a period of time.

Burnt Biscuits

Mom liked to make breakfast food for dinner every now and then. And I remember one night in particular when she had made breakfast after a long, hard day at work. That evening, mom placed a plate of eggs, sausage and extremely burnt biscuits in front of dad. I remember waiting to see if anyone noticed.
All dad did was reach for his biscuit, smiled at mom and asked me how my day was at school. I don't remember what I told him that night, but I do remember watching him smear butter and jelly on that biscuit and ate every bite.

When I got up from the table, I remember hearing mom apologize to dad for burning the biscuits. And I'll never forget what he said: Honey, I love burnt biscuits.

Later that night, I went to kiss Daddy good night and asked him if he really liked his biscuits burned. He wrapped me in his arms and said, "Your Momma put in a hard day at work today and she's real tired. And
besides - a little burnt biscuit never hurt anyone!"

You know, life is full of imperfect things and imperfect people.I'm not the best at hardly anything, and I forget birthdays and anniversaries just like everyone else.

What I've learned over the years is that learning to accept each others' faults - and choosing to celebrate each others differences is one of the most important keys to creating a healthy, growing, and lasting relationship.

Because in the end, you are the master of your own life, to be happy or unhappy, to be positive or negative.
We could extend this to any relationship. In fact, understanding is the base of any relationship, be it a husband-wife or parent-child or friendship.

Don't put the key to your happiness in someone else's pocket - keep it in your own.

So please pass me a biscuit, and yes, the burnt one will do just fine.

Author-Unknown

Contingent Order

 An order which is to be executed only if another order is executed first. An example of a contingent order would be to sell one specific security if another specific security has been bought. Brokers often do not like to work with these orders, given the uncertainty and extra work involved.

Impairment Charge

A specific reduction on a company's balance sheet that adjusts the value of a company's goodwill. Due to accounting rules, a company must monitor and test the value of its goodwill, to determine if it is overvalued. If it is, the company must issue an impairment charge on its balance sheet, to take into account the reduced value of the goodwill.

Indirect Investment

A way of investing in real estate without actually investing in the property. Indirect investment can be done in many ways, including securities, funds, or private equity. Most investors interested in indirect investment would do so through a company or advisor who has experience in this type of investing.

God's Coffee

A group of alumni, highly established in their careers, got together to visit their old university professor. Conversation soon turned into complaints about stress in work and life.

Offering his guests coffee, the professor went to the kitchen and returned with a large pot of coffee and an assortment of cups - porcelain, plastic, glass, crystal, some plain looking, some expensive, some exquisite - telling them to help themselves to the coffee.

When all the students had a cup of coffee in hand, the professor said: "If you noticed, all the nice looking expensive cups were taken up, leaving behind the plain and cheap ones. While it is normal for you to want only the best for yourselves, that is the source of your problems and stress.
Be assured that the cup itself adds no quality to the coffee. In most cases it is just more expensive and in some cases even hides what we drink What all of you really wanted was coffee, not the cup, but you consciously went for the best cups and then you began eyeing each other's cups."

Now consider this: Life is the coffee; the jobs, money and position in society are the cups. They are just tools to hold and contain Life, and the type of cup we have does not define, nor change the quality of Life we live.
Sometimes, by concentrating only on the cup, we fail to enjoy the coffee God has provided us."

God brews the coffee, not the cups.......... Enjoy your coffee!

"The happiest people don't have the best of everything. They just make the best of everything."

Live simply. Love generously. Care deeply. Speak kindly. Leave the rest to God.

Author Unknown.