Glossary

  • Qualifying Share

    Shares of common stock that a person must hold in order to qualify as a director of the issuing corporation.

    Quick Ratio

    Indicator of a company's financial strength (or weakness). Calculated by taking current assets less inventories, divided by current liabilities. This ratio provides information regarding the firm's liquidity and ability to meet its obligations. Also called the Acid test ratio.

    Quorum 

    The minimum number of people who must be present or must provide a proxy to vote at a meeting in order to make a valid decision. Without "quorum", decisions are invalid. Many organizations have a quorum requirement to prevent decisions being taken without a majority of members present.

    Quotation 

    Highest bid and lowest offer (asked) price currently available on a security or a commodity.

    Quoted Price

    The price at which the last trade of a particular security or commodity took place.

Last update Thursday on 23-11-2023 at 15:26:57
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