| 释义 |
Blockage Discount Blockage DiscountA discount that an institutional investor applies to a block trade with another institutional investor. That is, if an institutional investor wishes to divest itself of all or most of its holding in a security, it may apply a blockage discount to sell it more quickly. This has the added advantage of not causing a crash in the price of the security because of increased trading volume because the blockage discount causes a trade below the market price. |