Glossary of Stock Market Terms & Definitions - Mark E. Berch:

Overvalued
A stock price that is seen as too high according to the company'sprice-earnings ratio, expected earnings, or financial condition.

European Currency Unit (ECU)
An index of foreign exchange consisting of European currencies, originally devised in 1979. Also see Euro. Mark Berch

Risk premium approach
A common approach for tactical asset allocation to determine the relative valuation of asset classes based on expected returns. Mark Berch

Stock market
Also called the equity market, the market for tradingequities.

Mark E. Berch:Story stock/bond
A highly complex security that requires a long "story" so that investors may understand the corporation and be persuaded of its merits.

Listed security
Stock or bond that has been accepted for trading by one of the organized and registered securities exchanges in the United States. Generally, the advantages of being listed are that exchanges provide: (1) an orderly marketplace; (2) liquidity; (3) fair price determination; (4) accurate and continuous reporting on sales and quotations; (5) information on listed companies; and (6) strict regulation for the protection of securityholders. Antithesis of OTC Security.

Reverse-annuity mortgages (RAM)
Bank loan for an amount equal to a percentage of the appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity.Mark Berch

Bought deal
Securityissue in which one or two underwritersbuy the entire issue. Also known as a guaranteed or fixed-price sale; opposite of a best-efforts sale.