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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Assumption Clause
A mortgage contract provision that permits the seller of a home to transfer the responsibility to the buyer of the home for its existing mortgage. ...
Odd Date
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Mismatch
Generally speaking, it is an incorrect or unsuitably match. In banking, it pertains to a situation in managing assets and liabilities. It happens w ...
Organic Reserve Replacement
It is the measure of reserves of a company by their own exploration and production, not by their purchase of reserves. When an oil company has a hi ...
Community Reinvestment Act - CRA
Act encouraging depository institutions to help meet credit needs of the community, specifically low and moderate income neighborhoods. Enacted in ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Jan | |
| 10:00 | Ifo Business Climate Index | Mar | |
| 10:00 | Ifo Current Assessment | Mar | |
| 10:00 | IFO - Expectations | Mar | |
| 10:00 | M3 Money Supply | Feb | |
| 10:00 | Private Sector Credit | Feb | |
| 12:00 | CBI retail sales volume balance | Mar | |
| 01:01 | BRC Shop Price Index | Mar | |
| 02:30 | Retail Sales | Feb |
