CUMULATIVE DISCOUNT PRIVILEGE
In mutual fund, a way an investor can become eligible for lower fees by getting the sum of multiple transactions in several funds within the same fund family. In general, fees for investing in mutual funds are decrease as the individual contributes a certain amount into his account. Therefore, the investor may receive the discount without investing all of the minimum in the same fund if there is a required minimum amount an investor should invest to obtain this privilege. Investors are also eligible for lower fees by making several investments in a fund over a given period.
POPULAR TERMS
Form S-4
A form that needs to be submitted to the SEC in the event of a merger or an acquisition of 2 companies.
The Accounting Review
Academic publication comprised abstracts, articles, and book reviews promoting accounting education, research, and practice. First published in 192 ...
Long-Term Capital Management - LTCM
A huge hedge fund established by well-known Salomon Brothers bond trader John Meriwether in 1993. It started with more than $1 billion in assets wh ...
Tax Deduction
Deduction from gross income subject to tax, which occurs due to expenses a taxpayer has incurred. It is removed from taxable income, lowering his o ...
Even Lot
Normal unit of trading for securities or bonds. The even lot purchase of stock is 100 shares; For bonds, five shares. A stock transaction involving ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Jun | |
| 01:50 | Trade Balance | May | |
| 10:00 | Trade Balance | Apr | |
| 12:00 | Bundesbank Monthly Report | ||
| 16:00 | NAHB Housing Market Index | Jun | |
| 16:30 | Leading Index (Conference Board) | Apr | |
| 19:00 | BOC Deputy Governor Lynn Patterson Speaks | ||
| 19:00 | FOMC Member Raphael W. Bostic Speaks | ||
| 21:00 | ECB President Mario Draghi Speaks |
