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1 execution fee
Юридический термин: исполнительский сбор -
2 execution fee
finance, business, economy• ulosottomaksu -
3 soft dollaring
See:Another reason managers are interested in controlling client commissions deserves special attention. "Soft dollaring" has got to be one of the most misunderstood and controversial practices in the money management business. The very term "soft dollars" suggests something shady and conjures up images of money exchanging hands in dark alleyways. Among laymen, soft dollars may be confused with "soft money" political contributions. There is a thin connection between "soft dollars" and "soft money." Since brokerage firms are not subject to the same rules pertaining to political contributions as municipal underwriting firms, large "soft money" contributions from owners of brokerage firms do find their way into politicians' coffers more easily than contributions from underwriters. However, it is important to not confuse the two terms.So what is "soft dollaring?" Soft dollaring is the practice whereby money managers use client brokerage commissions to purchase investment research. When a manager pays for products or services with his own money, directly from the research provider, this is referred to as "hard dollars." Payment with client commissions, financed through a brokerage firm, is referred to as "soft dollars." Through soft dollar arrangements money managers are permitted to shift an expense related to the management of assets they would otherwise have to bear, onto their clients. The amount of this research expense the money management industry transfers onto its clients is in the billions annually. As a result, any analysis of the economics of the money management industry should include the effects of soft dollaring; however, we are unaware of any that has. In the institutional marketplace, strange as it may seem, it is possible for a money manager to profit more from soft dollars than from the negotiated asset management fee he receives.The general rule under the federal and state securities laws is that a fiduciary, the money manager, cannot use client assets for his own benefit or the benefit of other clients. To simplify matters greatly, soft dollaring is a legally prescribed exception to this rule. Congress, the SEC and other regulators have agreed that as long as the research purchased assists the manager in making investment decisions, the clients benefit and its legally acceptable. A tremendous amount of strained analysis has gone into the precise policies and procedures that managers must follow in purchasing research with client commission dollars. Over the years a distinction has been made between "proprietary" research or in-house research distributed to brokerage customers without a price tag attached and "independent third-party" research or research written by a third party and sold to managers at a stated price. Third party research has been most frequently criticized because its cost is separately stated and the benefit to managers most obvious. In this latter case, a breach of fiduciary duty seems most glaring. However, it is well known that proprietary research, offered for "free, " is produced to stimulate sales of dealer inventory. So presumably this research lacks credibility and is less beneficial to clients. There have been distinctions drawn between products and services, such as computers, which are "mixed-use, " i.e., which may serve dual purposes, providing both research and administrative uses. An adviser must make a reasonable allocation of the cost of the product according to its uses, the SEC has said. Some portion must be paid for with "hard" dollars and the other with "soft." There are several articles in our Library of Articles that describe soft dollar practices, rule changes and our proposal to Chairman Levitt to reform the soft dollar business.The issue that soft dollaring raises is: when is it acceptable for a manager to benefit from his client's commissions? For purposes of this article we would like to introduce a new and more useful perspective for pensions in their analysis of soft dollars or any other brokerage issue. That is, all brokerage commissions controlled by managers, benefit managers in some way. Brokerage decision-making by managers rarely, if ever, is simply based upon what firm can execute the trade at the best price. Brokerage is a commodity. Almost all brokerage firms offer reasonably competent, "best execution" services. If they didn't, they'd get sued and soon be out of business. Most savvy brokerage marketers don't even try to differentiate their firms with long-winded explanations about best-execution capabilities. Best execution is a given and impossible to prove. If you want to understand how your money manager allocates brokerage, study his business as a whole, including his marketing and affiliates-not just the investment process.The new English-Russian dictionary of financial markets > soft dollaring
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4 conditional
умовний; зумовлений, обумовлений, чинний за умови, який має силу за умови, залежний ( від чогось)conditional release of a convict before the expiry of his term — = conditional release of a convict before the expiry of her term умовне звільнення ув'язненого до закінчення терміну покарання
- conditional acknowledgementconditional release of a convict before the expiry of her term — = conditional release of a convict before the expiry of his term
- conditional acknowledgment
- conditional admissibility
- conditional amnesty
- conditional assignment
- conditional benefit
- conditional contraband
- conditional contract
- conditional discharge
- conditional diversion
- conditional endorsement
- conditional estate
- conditional execution
- conditional fee
- conditional freedom
- conditional guarantee
- conditional legacy
- conditional liberty
- conditional order of discharge
- conditional pardon
- conditional parole
- conditional placement
- conditional promise
- conditional punishment
- conditional ratification
- conditional recognition
- conditional release
- conditional relevance
- conditional sale act
- conditional sale law
- conditional sale scheme
- conditional sentence
- conditional sentencing
- conditional title deed -
5 private
1) приватна особа як сторона в судовому процесі; військ. рядовий (ім.)2) приватний; особистий; приватновласницький; приватноправовий; таємний, секретний, конфіденційний, який не підлягає розголосу; неофіційний; закритий ( про засідання); який не обіймає офіційної посади, який не перебуває на державній службі•- private actprivate correctional facilities — засоби виправного впливу, що застосовуються приватним чином
- private address
- private agent
- private agreement
- private arrangement
- private alley
- private amnesty
- private applicant
- private arbitration
- private argument
- private assets
- private attorney
- private authorization
- private bank
- private bill
- private body
- private boundary
- private business
- private capacity
- private carrier
- private cause
- private charge
- private citizen
- private company
- private corporation
- private correctional facility
- private correspondence
- private counsel
- private criminal investigation
- private criminal procedure
- private customs warehouse
- private data
- private deed
- private defence
- private defense
- private detective
- private detective agency
- private document
- private easement
- private effects
- private entrepreneur
- private enterprise
- private entity
- private examination
- private execution
- private eye
- private fee
- private foundation
- private fund
- private immorality
- private immunity
- private individual
- private industry
- private injunctive relief
- private institution
- private instrument
- private interest
- private international law
- private investigation
- private investigator
- private joint-stock company
- private land
- private landowner
- private law
- private law enforcement
- private law firm
- private law practice
- private lawyer
- private liberty
- private life
- private life of an individual
- private limitation
- private meeting
- private member
- private member's bill
- private mortgage deed
- private nuisance
- private organization
- private owner
- private-owner
- private ownership
- private ownership of a prison
- private papers
- private party
- private penal action
- private pension fund
- private person
- private place
- private police
- private policing
- private possession
- private possession of handguns
- private practice
- private practice of law
- private premises
- private prison
- private property
- private property in wartime
- private prosecution
- private prosecutor
- private protection agency
- private reformatory
- private reimbursement
- private relations
- private representation
- private residence
- private revenge
- private rights
- private seal
- private sector
- private security
- private security firm
- private security system
- private servitude
- private shelter
- private sitting
- private sphere of a person
- private tort
- private treaty
- private use
- private vengeance
- private victim
- private war
- private wrong
- private wrongs -
6 service
1) служба; обслуговування, сервіс; послуга; повинність; вручення ( судового документа); відбування ( покарання); виконання постанови суду; оплата; погашення ( боргу)2) атриб. службовий3) обслуговувати; оплачувати; погашати (борг); здійснювати технічний огляд•- service by publication
- service certificate
- service contract
- service crime
- service fee
- service invention
- service job
- service law
- service life
- service mark application
- service need
- service of appeal
- service of attachment
- service of execution
- service of notice
- service of pleading
- service of pleadings
- service of process
- service of public office
- service of sentence
- service of summons
- service of term
- service of warrant
- service of writ
- service officer
- service on a jury
- service on a person
- service passport
- service personnel
- service qualification
- service regulations
- service transactions -
7 special
спеціальний, особливий; окремий; позитивно виражений; екстрений ( про випуск газети тощо)- special act
- special administration
- special administrator
- special agency
- special agent
- special agreement
- special allowance
- special appeal tribunal
- special appearance
- special arbitrage account
- special arrangement
- special assessment
- special assumpsit
- special authority
- special authority
- special bail
- special bastard
- special calendar
- special case
- special charge
- special circumstances
- special class
- Special Commission
- special committee
- special conditional fee
- special contract
- special count
- special court
- special custody
- special custom
- special damages
- special defence
- special defense
- special demurrer
- special deposit
- special deputy
- special deputy sheriff
- special deterrence
- special disability
- special drawing rights
- special duty
- special election
- special endorsement
- special envoy
- special exception
- special excise
- special excise duty
- special execution
- special files
- special finding of fact
- special guardian
- special hospital
- special indorsement
- special intent
- special investigation
- special investigation group
- special investigation team
- special investigative crime
- special investigator
- special jurisdiction
- special juror
- special jury
- special law
- special leave
- special leave of the court
- special legislation
- special licence
- special license
- special majority
- special measure
- special meeting
- special police task force
- special mission
- special object of crime
- special operation group
- special operations group
- special order
- special part
- special partner
- special partnership
- special passport
- special patrol
- special pension
- special peril
- special permission
- special plea in bar
- special pleading
- special policy
- Special Political Committee
- special position
- special power of attorney
- special prevention
- special privilege
- special procedure
- special procedures
- special proceeding
- special proceedings
- special property
- special prosecutor
- special provision
- special purpose policeman
- special registration
- special resolution
- special retainer
- special right
- special right to cover
- special rule
- special security cell
- special service
- special service unit
- special-service agent
- special session
- special shelter
- special status
- special tariff
- special team of investigators
- special traverse
- special treatment
- special tribunal
- special trust
- special venue
- special verdict
- special words -
8 supplementary
додатковий; який доповнює- supplementary agreement
- supplementary allowance
- supplementary amount
- supplementary annuity
- supplementary benefit
- supplementary claim
- supplementary clause
- supplementary evidence
- supplementary examination
- supplementary execution
- supplementary fee
- supplementary guarantee
- supplementary information
- supplementary inquiry
- supplementary insurance
- supplementary investigation
- supplementary investigator
- supplementary jurisdiction
- supplementary law
- supplementary legislation
- supplementary levy
- supplementary pension
- supplementary proceeding
- supplementary proceedings
- supplementary protocol
- supplementary tax
- supplementary taxation
- supplementary venue -
9 handling
1. n обхождение, обращение2. n обращение; способ эксплуатации; обслуживание; манипулирование3. n спорт. владение мячом4. n спорт. игра руками; передача мяча5. n спорт. трактовка; разбор, обсуждение6. n спорт. подходnegotiations needing nice handling — переговоры, требующие осторожного и тонкого подхода
7. n спорт. уход8. n спорт. управление; регулирование9. n спорт. обработка10. n спорт. переработка грузов11. n спорт. маневрирование; перемещениеСинонимический ряд:1. manner of treatment (noun) administration; dealing with; managing; manner of treatment; method; styling; way2. oversight (noun) care; charge; conduct; intendance; oversight; running; superintendence; superintendency; supervision3. treatment (noun) approach; execution; management; manipulation; strategy; treatment4. dispensing (verb) dispensing; maneuvering; manipulating; plying; swinging; wielding5. governing (verb) controlling; directing; dominating; governing; managing6. marketing (verb) deal in; marketing; merchandising; peddling; retailing; selling; trade in; vending7. touching (verb) feeling; fingering; palpating; pawing; touching8. treating (verb) deal with; dealing with; playing; serving; taking; treating9. using (verb) applying; bestowing; employing; exercising; exploiting; operating; running; using; utilizing; working -
10 pay
1. n плата, выплата, уплата2. n зарплата, жалованье, заработная платаwhat is the pay? — какое жалованье?, сколько платят?
military pay — плата, денежное довольствие военнослужащих
holiday pay — плата за работу в выходные дни; отпускные
3. n воен. денежное содержание, денежное довольствие4. n плательщик5. n уст. расплата, возмездиеdislike is the pay for being mean — неприязнь — это плата за подлость
6. n геол. рентабельное, промышленное, выгодное для разработки месторождение7. a платный8. a рентабельный, имеющий промышленное значение9. v платить; заплатитьto pay at the gate — платить при входе, вход платный
10. v уплачивать, выплачивать; расплачиватьсяpay up — платить, расплачиваться
11. v оплачивать12. v вознаграждать, возмещать13. v окупаться, быть выгодным; приносить доходland that pays well — земля, которая приносит хороший доход
the shares pay 5% — акции приносят 5% дохода
to pay its way — окупаться, оправдывать себя, быть рентабельным
14. v поплатиться; пострадать15. v разг. диал. наказывать; бить; пороть16. v мор. уваливаться под ветерour organization is to pay greater heed to the voice of youth — наша организация должна больше прислушиваться к голосу молодёжи
pay attention to what I tell you! — слушайте, что я вам говорю
serious consideration must be paid to his behaviour — нужно обратить серьёзное внимание на его поведение
the deuce to pay — затруднительное положение; неприятность; беда; трудная задача;
something to pay — что-то не то, что-то неладно
17. v мор. смолитьСинонимический ряд:1. defrayment (noun) defrayment; interest; proceeds; profit; return2. earnings (noun) allowance; commission; earnings; income; payment; pittance; remuneration3. reward (noun) crown; just deserts; laurel; medal; medallion; punishment; requital; reward; trophy4. wage (noun) emolument; fee; hire; pay envelope; salary; stipend; wage; wages5. clear (verb) clear; clear off; discharge; draw; earn; gain; gross; honor; liquidate; net; pay up; produce; quit; realise; satisfy; settle; square6. compensate (verb) compensate; guerdon; indemnify; punish; recompense; redress; refund; reimburse; remunerate; repay; requite; retaliate; revenge7. extend (verb) extend; grant; proffer; render8. return (verb) be profitable to; bring in; kick back; pay off; profit; return; show gain; yield9. spend (verb) disburse; expend; fork out; give; lay out; outlay; shell out; spend10. square (verb) discharge; liquidate; satisfy; settle; square11. suffer (verb) be punished; make amends; make compensation; suffer12. valuable (other) gold-bearing; interest-bearing; precious; profitable; valuableАнтонимический ряд:cheat; collect; confiscation; damages; default; defraud; disbursement; dispersion; distribution; execution; expenditure; expense; failure; fine; owe; receive; withhold -
11 service
1. n услужениеdomestic service — домашняя работа, обязанности слуги
to be in service — быть слугой, служить
2. n работаlength of service — стаж работы; срок службы
3. n рабочий стаж, срок службы4. n государственная служба5. n учреждение6. n службаrailway service, service of trains — железнодорожное сообщение
7. n обслуживание, сервис8. n сфера услуг; обслуживание населения; служба быта, сервисservice workers — работники, занятые в сфере обслуживания
9. n библиотечное обслуживание10. n военная службаactive service, service with the colours — действительная военная служба
11. n воен. вид вооружённых сил; род войскthe three services — the army, the navy, the aviation — три рода войск: сухопутные войска, военно-морской флот и военно-воздушные силы
12. n услуга, одолжение; помощь13. n заслугаdistinguished service order — орден "За боевые заслуги"
14. n сервиз15. n прибор16. n церк. богослужение, службаmemorial service — заупокойная служба, панихида
17. n юр. исполнение постановления суда; вручение; судебное извещениеservice of warrant — вручение судебного приказа, ордера
18. n с. -х. случка19. n мор. клетневание20. n тех. эксплуатация21. a военный; относящийся к вооружённым силамservice test — испытания в войсках, войсковые испытания
service troops — войска обслуживания; тыловые части и подразделения
22. a служебный23. a повседневный; прочный, ноский24. a обслуживающийservice trades — профессии, относящиеся к сфере обслуживания
25. v обслуживать26. v производить осмотр и текущий ремонт27. v заправлять28. n бот. рябина домашняяСинонимический ряд:1. action (noun) action; combat2. agency (noun) agency; bureau; commission; department3. aid (noun) aid; assistance; attendance; cooperation; help; ministration; usefulness; value4. armed forces (noun) armed forces; military5. army (noun) army; duty; stint6. benefit (noun) benefit; utility; wear7. effort (noun) effort; labor8. favor (noun) courtesy; dispensation; favor; favour; grace; indulgence; kindness9. rite (noun) ceremonial; ceremony; formality; liturgy; observance; rite; ritual; sermon; worship10. tableware (noun) china; set; setting; silver; tableware11. use (noun) account; advantage; applicability; application; appropriateness; avail; employment; fitness; relevance; serviceability; use; utilisation12. maintain (verb) maintain; preserve; repair; sustain -
12 contract
1) подряд; контракт; договор3) сжимать; стягивать•- amount of a contract - appendix to contract - as per appendix to a contract - bilateral contract - blanket contract - breach of contract - cancellation of a contract - civil engineering contract - clause in a contract - clause of a contract - commercial part of a contract - construction contract - cost contract - cost-plus contract - cost-plus-a-fixed-fee contract - design contract - design engineering contract - development contract - early occupancy contract - effective date of a contract - erection contract - exclusive contract - form of a contract - freight contract - future contracts - general contract - general conditions of a contract - integral part of a contract - interpretation of a contract - language of a contract - long-term contract - lump-sum contract - maintenance contract - number of a contract - open-end contract - original contract - package contract - period of execution of a contract - prime contract - profitable contract - sale contract - service contract - short-term contract - signed contract - specification of contract - stamp duty on a contract - standard form of contract - subject of a contract - supply contract - technical part of a contract - technical service contract - total value of a contract - turnkey contract - umbrella contract - unit price contract - valid contract
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