HomeDefinitionsCompareDebt Class actionThe financial definition for Class action:A legal complaint filed by a lawyer or group of lawyers for a group of petitioners with an identical grievance, often with an award proportionate to the number of shareholders involved. Similar MatchesCash transactionCash transactionA transaction in which exchange is immediate in the form of cash, unlike a forward contract (which calls for future delivery of an asset at an agreed-upon price). Closing transactionClosing transactionApplies to derivative products. Buy or sell transaction that eliminates an existing position (selling a long option or buying back a short option). Antithesis of opening transaction. COD transactionCOD transactionSee: Delivery versus payment Further SuggestionsFederal intrafund transactionsForward exchange transaction Fractional Brownian Motion Fractional coins Fractional discretion order Fractional Noise Fractional share Click to compare definitions of Class action Click to view definitions beginning cl |