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.
POPULAR TERMS
Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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