- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
A person who has some limited legal and management rights and responsibilities to act on behalf of a company. Officers are generally designated as such by the company.
Industry:Financial services
The percentage of total assets that would be held in each asset class, sector or size & style category if the suggested allocation model were followed.
Industry:Financial services
The fee a mutual fund may charge an investor who is redeeming shares, which may not exceed 2% of the value of shares redeemed. A Contingent Deferred Sales Charge (CDSC) is not considered a redemption fee.
Industry:Financial services
A market order or limit order to be executed just prior to the close of a trading session, or cancelled if this is not possible.
Industry:Financial services
The dollar value that would be held in each asset class, sector or size & style category if the suggested allocation model were followed.
Industry:Financial services
The date on which a security's issuer repurchases the security.
Industry:Financial services
A market order or limit order which is to be executed at the opening bell, or if not then to be immediately cancelled.
Industry:Financial services
Modified Endowment Contract. A life insurance contract which fails the internal revenue code's "7-Pay test." Any distributions form a MEC are taxed as if the contract was an annuity.
Industry:Financial services
Related to Fixed Income: The price at which a bond can be redeemed before maturity.
Industry:Financial services
For a security:
The opening price of a security at the beginning of a trading day.
For a portfolio
The total value of all portfolio holdings, as of the opening of the first trading day of a given period.
Industry:Financial services
