C-SHARE
A type of mutual fund with a balanced load. These type of share have small back-end loads that are usually around 1% and there is a possibility for this to disappear when the shares have been held for a year. They have lesser cost ratios compare to class B shares, but greater cost ratios than class A shares. Investors who will merchandise after a short period but will claim the shares for a minimum of a year, can make this share as a good alternative.
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Concentration Ratio
Ratio indicating the relative size of companies in respect to their industry in general. Low concentration ratio denotes higher competition among t ...
Back-To-Back Letters Of Credit
Two letters of credit (LCs) utilized together to aid a merchant in financing the buying of services or equipment from a subcontractor. With the aut ...
Stock Market Crash of 1987
Rapid and one of the most severe downturn in stock prices which took place on October 19, 1987. Following five days of intensifying stock market pl ...
Z-Score
“Z-Score” is a statistical measurement showing the relationship of the score to the mean. It can be positive or negative, which means t ...
Premium
The total cost of an option.
The difference between the higher price paid for a fixed-income secur ...
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