Term of the day
A fund company manages, sells, and markets closed-end and open-end funds to the public. It offers a variety of funds and investment services, such as portfolio management, custodial, legal, accounting, and tax management servic ...
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Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Sports Illustrated Swimsuit Issue Indicator
Sports Illustrated Swimsuit Issue Indicator is the belief that the performance of the stock market may be indicated based on the nationality of the ...
Investing technique in which an investor allocates 90% of the investment capital in interest-bearing instruments with lower risk level, and 10% in ...
Scheduled Recast is rechecking the computation of the remaining schedule of a mortgage set to be done at a date agreed upon and known prior. Mortga ...
Shared Equity Finance Agreements
Shared Equity Finance Agreements is when two parties share the purchase of a primary residence. In the agreement the stronger party, in the case of ...
Finance for Individuals
Taxation in Finance
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