A-SHARE
This class is usually characterized by a structure that is loaded free, in a family or group of multi-class mutual funds. To compensate the commission of the sales person, usually, mutual funds with Class A ratings have a rear- or front-end load. Although not every fund companies use this class structure, it is still a very prominent and widely used distinction method.
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Automated Customer Account Transfer Service - ACATS
A system that facilitates the transfer of securities from one trading account to another at a different brokerage firm or bank. The National Securi ...
Default Risk
The event in which companies or individuals will be unable to make the required payments on their debt obligations. Lenders and investors are expos ...
Offshore
Offshore is a term used when a company is located outside of one’s national boundaries. The term is used to describe corporations, investment ...
SEC Form 10-KT
SEC Form 10-KT is a filing which is submitted in lieu of or in addition to a standard 10-K annual report under the Securities and Exchange Commissi ...
Activity Cost Pool
In terms of managerial accounting, it is a set of cost gained when certain operations occur within the organization. By taking into account all of ...
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