Business terms starting with Q

24 terms

Quadruple witching day Once every quarter - on the third Friday of March, June, September, and December - stock options, stock index options, stock index futures contracts, and…
qualification As determined by a lender, the ability of the borrower to repay a mortgage loan based on the borrower's credit history, employment status, assets, debts…
Qualified Domestic Relations Order (QDRO) A court order that recognizes or creates a spouse’s or a former spouse’s right to a portion of a member’s retirement annuity.
Qualified domestic trust (QDOT) If your spouse isn't a US citizen and your estate is large enough to risk being vulnerable to estate taxes, you can use a qualified domestic trust (QDOT)…
Qualified Plan The South Carolina Retirement Systems’ retirement plans are qualified plans under section 401(a) of the Internal Revenue Code.
Qualified retirement plan A qualified retirement plan is an employer sponsored plan that meets the requirements established by the Internal Revenue Service (IRS) and the US…
Qualified Trusts Blind or diversified trusts authorized by the Ethics in Government Act as a means of avoiding conflicts of interest for employees with extensive financial…
qualifying child To be a qualifying child, the dependent must meet eight tests: (1) relationship, (2) age, (3) residence, (4) support, (5) citizenship or residency, (6)…
Qualifying Guidelines Criteria used to determine eligibility for a loan.
Qualifying Ratios Calculations that are used in determining the loan amount that a borrower qualifies for, typically a comparison of the borrower's total monthly income to…
qualifying relative There are tests that must be met to be a qualifying relative, they are: (1) not a qualifying child, (2) member of household or relationship, (3)…
Qualifying Widow(er) filing status If your spouse died in 2010, you can use married filing jointly as your filing status for 2010 if you otherwise qualify to use that status.
Qualitative analysis When a securities analyst evaluates intangible factors, such as the integrity and experience of a company's management, the positioning of its products…
Quality Control A system of safeguards to ensure that loans are originated, underwritten and serviced according to the lender's standards and, if applicable, the…
Quality Edits The data in question do not agree with an expected standard (value). Review for correctness and change only if erroneous data has been reported.
Quantitative analysis When a securities analyst focuses on a corporation's financial data in order to project potential future performance, the process is called quantitative…
Quarter The financial world splits up its calendar into four quarters, each three months long.
Quasi-public corporation In the United States, quasi-public corporations have links to the federal government although they are technically in the private sector.
Qubes The NASDAQ Stock Market sells shares in a unit investment trust (UIT) that tracks the NASDAQ 100 Stock Index.
Quitclaim Deed A deed transferring ownership of a property but does not make any guarantee of clear title.
Quoin A structural form, usually of masonry, used at the corners of a building for the purpose of reinforcement, frequently imitated for decorative purposes.
Quotation (Quote) On a stock market, a quotation combines the highest bid to buy and the lowest offer to sell a stock.
Quotation or Quote An estimate of the cost of insurance based on the information supplied to the insurance producer (agent) or company.
Quote An estimate of the premium charge, based upon the information provided for the coverage(s) requested.