MUTUAL-FUND ADVISORY PROGRAM
A portfolio of mutual funds that are chosen to equate a pre-set asset allocation model according to the investor's objectives. This is offered in a lone investment account along with a professional investment advisor’s services. Usually, investors would be charged periodic asset-management fees that refers to the average value of assets within the account.
Also called mutual fund wrap.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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