MONEY MANAGER
A business or bank responsible for administering the securities portfolio of an individual or investor. A money manager employs people with broad expertise, from research and selection of investment options to watching the assets and deciding when to sell them. The manager has the responsibility to select and manage investments prudently for his or her clients. It also involved developing a suitable investment strategy, as well as purchasing and selling securities in order to meet the financial goals.
Also called portfolio manager or investment manager.
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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