HomeDefinitionsCompareDebt FirmThe financial definition for Firm:Refers to an order to buy or sell that can be executed without confirmation for some fixed period. Also, a synonym for company. Similar MatchesAffirmative covenantAffirmative covenantA bond covenant that specifies certain actions the firm must take. "Confirm me out""Confirm me out"Used for listed equity securities. "Go to the floor and check with the specialist or floor broker that my previously active order has been canceled and was not executed". One does not have to honor any trade reported after given a "firm out". ConfirmationConfirmationThe written statement that follows any "trade" in the securities markets. Confirmation is issued immediately after a trade is executed. It spells out settlement date, terms, commission, etc. Further SuggestionsConfirmed Letter of CreditConfirming Bank Firm anomalies Firm commitment underwriting Firm market Firm quote Firm specific news Click to compare definitions of Firm Click to view definitions beginning fi |