ANNUAL REPORT
- A regular publication that public corporations must give to its shareholders to relay their financial conditions and operations. The front part of the report usually possess an impressive combination of photos, graphics together with a narrative, all of which documenting the activities of the company over the past year. The back part of the report has the detailed operational and financial information.
- In case of mutual funds, the annual report is document which is made as a requirement and made available to its fund shareholders on a per fiscal year basis. It reveals some aspects of a fund's financial condition and operation. Contrary to the annual reports, the mutual fund annual reports best description is "plain vanilla" derived from its representation.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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