© 2015 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.



National Association of Securities Dealers. Known by its acronym of NASD, this was the predecessor to FINRA and was established as an industry trade association. The SEC elevated its status when it gave NASD the authority to police its own members.