Uncovered position definition
Uncovered position means a position that is exempt under A.R.S. § 41-771 and not subject to the provisions of these rules.
Uncovered position means a position in which an asset needed to settle a derivative contract is not held for the duration of the contract.
Uncovered position means a position held by a non-eligible employee.
More Definitions of Uncovered position
Uncovered position means a negative position in Cash or Financial Instruments, resulting from a Client having bought Financial Instruments valued at more than he had disposable Cash as of the settlement date, or where a Client has sold Financial Instruments that he doesn’t have in his/her ownership as of the transaction settlement.
Uncovered position means a position that is not covered by the provisions of the personnel rules. 58.69.“Underfill” means the employment of a person in a class lower than the allocated class for that position.