ASSET MANAGEMENT
It can be defined as the management of the investments of a client by a financial services institution like an investment bank. The company will make investments in behalf of its clients and in return, will give them unmatched access to a variety of alternative and traditional products that are not available to other average investors.
It can also mean an account under a financial institution that includes brokerage services, margin loans, debit cards, credit cards, and checking services.
It is also called as central asset account or asset management account.
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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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