Accumulated Benefit Obligation (ABO): An approximate measure of the Liability of a Pension plan in the event of a termination at the date the calculation is performed.
Across the Board: Movement or trend in the Stock market that affects almost all stocks in all sectors to move in the same direction.
Act of State Doctrine: This doctrine says that a nation is sovereign within its own borders, and its domestic actions may not be questioned in the courts of another nation.
Active Box: Securities that are held in safekeeping and are available as Collateral for securing brokers` loans or customers` margin positions.