flat

Convertibles: Earning interest on the date of payment only. Bloomberg Financial Dictionary

General: Having neither a short nor a long position in a stock. clean. Bloomberg Financial Dictionary

Market: Characterized by horizontal price movement, usually the result of low activity. Bloomberg Financial Dictionary

Equities: To execute without commission or markup. Bloomberg Financial Dictionary

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Market slang to indicate when a position has been evened up or closed out. Chicago Mercantile Exchange Glossary

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▪ I. flat flat ¹ [flæt] adjective [only before a noun]

1. ECONOMICS a flat fee, price etc is fixed and does not change or have anything added to it:

• We charge a flat fee for car hire.

• Subscribers to the service have to pay a flat charge each month.

2. ECONOMICS if a market, economy etc is flat or sales are flat, levels of trade or sales are not increasing:

• In the USA, car sales were flat although truck sales increased.

• As demand for the company's products stays flat and costs remain high, half-year profits have fallen by 70% to £15.1 million.

3. FINANCE if the stockmarket is flat, prices are not rising or falling:

• The share market closed flat after spending the day trapped in a 10 point range.

  [m0] ▪ II. flat flat ² noun [countable] PROPERTY

a place where people live that consists of a set of rooms, usually on one floor, which are part of a larger building; = APARTMENT:

• Prices start from £89,995 for one-bedroom flats.

• The building was knocked down to make way for a block of flats (= a large building divided into many separate flats ) .

  [m0] ▪ III. flat flat ³ adverb

1. fall flat if something you are doing or planning falls flat, it is unsuccessful:

• Their plans to build a retirement home in Spain fell flat.

2. flat out informal if you work flat out, you work as fast as possible:

• Working flat out, the men completed the work by about ten-thirty on Saturday morning.

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   The price of a share or financial instrument that is neither rising nor falling; also called sideways. Also, a bond that is trading without accrued interest, such as a bond in default, and a position in a market, or a financial instrument, which is balanced - neither long nor short -are referred to as flat.

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Ⅰ.

flat UK US /flæt/ adjective (flatter, flattest)

► COMMERCE, FINANCE if profits, sales, etc. are flat, they are not growing or increasing: »

Demand for our machinery abroad is increasing, while growth is flat at home.

► STOCK MARKET if the stock market is flat, the prices of shares are not rising or falling: »

The market remained at 9,000 points after a flat day of trading yesterday.

► fixed and without any additional costs: »

He submitted a flat price for completing the work, including all labour and materials.

► HR used to describe the structure of an organization in which there are not many different levels of employees between the top and the bottom: »

Companies with a flat organizational structure can usually make decisions more quickly.

→ Compare HIERARCHY(Cf. ↑hierarchy)

Ⅱ.

flat UK US /flæt/ noun [C]

► UK PROPERTY a set of rooms for living in which are part of a larger building and which are usually all on one floor: »

a furnished/unfurnished flat

»

a block of flats

»

He works as a property developer, buying, renovating and selling on flats in the capital.

→ Compare APARTMENT(Cf. ↑apartment)

Ⅲ.

flat UK US /flæt/ adverb

● fall flat — Cf. fall flat

● flat out — Cf. flat out