positive obligation

positive obligation
A New York Stock Exchange rule that governs the behavior of specialists. Positive obligation is the mandate of the specialists to step in and act as either the buyer or the seller public investor orders exist do not match up naturally. Also known as affirmative obligation. Related: negative obligation. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Positive obligations — in human rights law denote a State s obligation to engage in an activity to secure the effective enjoyment of a fundamental right, as opposed to the classical negative obligation to merely abstain from human rights violations.Classical human… …   Wikipedia

  • Positive — is a property of positivity and may refer to: Mathematics and science * Positive number, a number that is greater than 0 * Positive operator, in functional analysis, a bounded linear operator whose spectrum consists of positive real numbers *… …   Wikipedia

  • Positive time-bound mitzvot — (מצות עשה שהזמן גרמא, mitzvot asei she hazman grama ) are those positive mitzvot (commandments) that may be fulfilled only within certain periods of time. This concept exists within Judaism.While the Torah generally applies equally to all Jews,… …   Wikipedia

  • obligation — A generic word, derived from the Latin substantive obligatio, having many, wide, and varied meanings, according to the context in which it is used. That which a person is bound to do or forbear; any duty imposed by law, promise, contract,… …   Black's law dictionary

  • Obligation de porter secours à personne en danger — Non assistance à personne en danger La non assistance à personne en danger est l engagement de la responsabilité pénale d une personne qui n interviendrait pas face à une personne courant un danger. L engagement a lieu si : la personne a… …   Wikipédia en Français

  • Positive commandment — The idea of time bound positive commandments (Hebrew מצות עשה שהזמן גרמא, mitzvot asei she hazman grama) are those positive commandments that may be fulfilled only within certain periods of time. This concept exists within Judaism. While the… …   Wikipedia

  • positive law — The rules of conduct established by tacit acquiescence or by the legislature, and which derive their force and authority from such acquiescence or enactment, and not because they are the dictates of natural justice, and as such, of universal… …   Ballentine's law dictionary

  • affirmative obligation — A New York Stock Exchange rule that governs the behavior of specialists. Affirmative obligation is the mandate of the specialists to step in and act as either the buyer or the seller when public investor orders exist do not match up naturally.… …   Financial and business terms

  • negative obligation — A New York Stock Exchange rule that governs the behavior of specialists. Negative obligation is the mandate of the specialists not trade for the specialist s firm s own account when enough public investor orders exist to match up naturally… …   Financial and business terms

  • Negative and positive rights — Rights Theoretical distinctions Natural and legal rights Claim rights and liberty rights Negative and positive rights I …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”