SEC FEE
SEC Fee is a nominal fee under the Securities Exchange Act of 1934. It is an additional cost of transaction attributed in the exchange-listed equities’ sale. Typically, the SEC fee is separated from any other fees like associated brokerage commissions and fees. The SEC fee was always 1% of the dollar value’ one three-hundredth of the dollar value of sold equities prior to 2007. Then it changed to 1% of one eight-hundredth of the the dollar value of sold equities after 2007.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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