DIVIDEND ETF
Any exchange-traded fund aiming to give high yields by investing in a pooled high dividend paying common stocks, preferred stocks, or real estate investment trusts (REITs). There are dividend ETFs that is comprised of only US domestic stocks, as well as dividend ETFs with international focus. Indexes used in creating these funds differ by fund manager or custodian. But most dividend ETFs contain stocks with high liquidity level and higher than market dividend yields.
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Affirmative Covenant
A kind of contract or promise that requires a party to conduct some action. For example, a bond covenant which provides that the issuer must delive ...
Pure Risk
A risk where loss is the only potential outcome; there is no positive result. A pure risk is related to events that are out of control of the risk- ...
Efficiency
Performance level describing a process which uses the lowest amount of inputs to come up with the greatest amount of inputs. It is relative to usin ...
Tax Free
Goods and/or financial products that are not taxable. Having the tax free status allows an entity to save money and encourages additional spending ...
Reprice
A situation that is most often allowed for company executives or high-level employees. It permits them to trade in their options that out of the mo ...
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