LOAD FUND
A mutual fund that charges a sales commission (load) in order to cover administrative and advisory charges. The fund investor pays the load that compensates brokers, financial planners, or investment advisors, among others. The load is payable either at the time of its purchase (front-end load), the investor still holds the fund (level-load), or the shares are sold (back-end load). A no-load fund neither charges any fee nor offers any investment or financial advice.
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Guarantee Company
Corporation designed to guard members from liability but normally does not distribute gains to its members and divide assets into shares. Members o ...
Price Basing
A pricing method of commercial commodity transactions that bases these prices on related futures contract prices. Price basing is used by commodity ...
Small Firm Effect
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SEC Form F-80
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Satisfaction of Mortgage
Satisfaction of Mortgage is a document acknowledging that a borrower has paid off the mortgage loan in full. It is signed by a mortgage lender decl ...
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SEE FOREX TUTORIAL
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Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
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