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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Harmonic Average
Also referred to as harmonic mean, the mean of a set of positive variables. Calculated by dividing the number of observations by the reciprocal of ...
Strategic Default
Borrower’s decision to deliberately default on a debt obligation amid its capability to make the payments. Mortgage holders of residential an ...
Blank Endorsement
Endorsement permitting any instrument holder to possess a claim for payment. Since it indicates no payee, it converts the instrument into a bearer ...
Mirror Trading
A forex strategy which allows investors to duplicate the forex trading behavior of veteran and successful investors around the world. Developed in ...
Jobless Recovery
An economic recuperation after a recession, where the economy improves in general but the unemployment rate is increasing or remains high over a pr ...
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