Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
Refusing To Follow Instructions From A Customer
A broker gets instructions from you to buy or sell a security; the instructions are clear and the broker can in fact buy or sell...but they don't.
They have failed to follow your instructions, and they can get into some major trouble if you report them.
Sound crappy? Well, get used to it. It's one of the most common claims against fund managers, brokers, and professionals.