Yield to Maturity (YTM)
Definition of Yield to Maturity (YTM)
Related Terms
Short Selling
Margin of Safety
New York Stock Exchange (NYSE)
Margin Call
Grey Market
By definition, the grey market is an over-the-counter market because of the lack of regulation and structure.
Underwriters of an IPO gauge market demand for a share by analyzing the grey market premium for it before going public.
Accrued Expenses
More simply, an accrued expense is an unpaid bill due in the future for goods or services that have already been received by a company.
Accrued expenses show up as liabilities on a company’s books.

