ACTIVE INDEX FUND
A kind of index fund in which a fund manager depends the initial investment proportions of the fund in accordance to the benchmark index wherein the manager is trying to track, and then continue to supply what he/she trusts to be a higher performing stocks that are not related to the underlying index. The next step of the fund manager will then be actively managing the composition of the specified non-benchmark stocks for the purpose of earning yields that surpasses the benchmark index.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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