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.
POPULAR TERMS
Toxic Waste
Slang term for high-risk, illiquid securities due to some provisions or risks beneath it.
Third Party
Individual or company other than the principals that is part of a arrangement or transaction. Frequently, this party has lesser interest in the dea ...
Capital Loss Carryover
The net value of capital losses that aren't able to deduct for the latest tax year but is possible to be resumed into next tax years. Net capit ...
Employment Act of 1946
Legislation act outlining the responsibility of maintaining a high employment level of labor and price stability. Enacted by the US Congress, the t ...
Compound Option
Option beneath another option. It gives opportunity to buy or sell an option, hence having two strike prices and two exercise dates. This option ha ...
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