Globex is an electronic trading platform used for derivative, futures, options and commodity contracts across all classes of assets.

Fail occurs if a seller does not deliver securities or if a buyer does not pay owed funds by the date of the settlement.

Less than one full share of equity is a fractional share. They may be the result of stock splits, dividend reinvestment plans, or other corporate actions.

Non-cash item describes negotiable instrument, like a check or bank draft, which is deposited but can’t be credited until it clears the issuer's account.

Non-cash charge is a written down or accounting expense that does not need a cash payment.

Price-taker is a company or an individual who are to accept prevailing prices in a market, lacking the market share to influence market price on their own.

Par can refer to preferred or common stock, bonds or currencies, with different meanings depending on the context. 

Time Horizon, is the period of time one wants/expects to hold an investment until they need the money back.

A term sheet is a nonbinding agreement setting basic terms and conditions under which an investment is going to be made.

Voluntary conveyance is an elective transfer of title from one individual to another without proper consideration.