AT A DISCOUNT
This particularly points to a stock which is sold for lower than its par or nominal value. At a discount also connotes to stocks or other securities that are sold beneath the present market value, the same to a sale on goods at a retail establishment.
The par or nominal value for a security, specified in the company charter, is the lowest price that a stock of a specific class can be sold after an initial public offering. Majority of states have laws restricting companies from issuing stocks at a price less than par.
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Tunisian Dinar
Currency abbreviation for the Tunisian dinar, the official currency of Tunisia. The currency is comprised of 1,000 milim and presented with the sym ...
YOC
Yield On Cost (YOC) represents the original investment’s dividend yield. It is determined by dividing the stock’s annual dividend rate ...
Tax Gain/Loss Harvesting
Act of selling securities at a loss to reduce taxes. It aims to limit the tax imposed on short-term capital gains, which are normally taxed higher ...
Multiple Managers
A situation when an investment portfolio's assets are split among many fund managers to watch, manage, and analyze. It allows managers to have ...
Rental Real Estate Loss Allowance
A federal tax deduction of up to $25,000 that is available to non-real estate professionals who own at least a 10% interest in a rental property th ...
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