View the definition of technical terms

All the FGDR’s protections rely on relatively complex banking and financial mechanisms. This glossary provides the definition of many technical terms used on this website or in the FGDR’s documents.

ALL WORDS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

O

Obligation/Bond 

1/ A legal relationship between two persons whereby one of them, the creditor, may demand that the other, the debtor, perform a service or refrain from taking an action (positive obligation, negative obligation and obligation to pay a sum of money).  
2/  Financial instrument issued by a company, a public authority or the central government. It is a debt security (i.e. it represents a debt) that earns interest and is payable on a date and in an amount set in advance. During its term, the value of a bond fluctuates upwards or downwards. Sale prior to maturity may result in capital gains or losses.

Source: Banque de France

OCBF - Office de Coordination Bancaire et Financière

Independent professional organisation working closely with the financial markets whose members include banking and finance professionals.
See the website www.ocbf.com


Source: Office de Coordination Bancaire et Financière

Official Bulletin

An official bulletin (bulletin officiel or BO) is an official publication issued by the French government to announce new developments regarding proposed laws, as well as less important texts (decrees, circulars, memoranda, notices of vacant posts, announcements of legal proceedings, etc.).

 

Source: Wikipedia

Order reception-transmission

The activity carried out by an investment services provider (ISP) is called order reception-transmission on behalf of third parties. This provider transmits orders to trade financial instruments to an authorised service provider for their execution on behalf of a principal.

Source: La Finance Pour Tous