C-SHARE
A type of mutual fund with a balanced load. These type of share have small back-end loads that are usually around 1% and there is a possibility for this to disappear when the shares have been held for a year. They have lesser cost ratios compare to class B shares, but greater cost ratios than class A shares. Investors who will merchandise after a short period but will claim the shares for a minimum of a year, can make this share as a good alternative.
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Letter of Credit
A commitment or promise letter, from a bank or importer, that is written to the seller, which guarantees the payment will be received on time and i ...
Bond Buyer 20
Average yield of 20 general obligation bonds with an AA rating and 20-year maturity. Released by The Bond Buyer, it is a poll of municipal bond tra ...
Odd Date
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Investing Style
In stock mutual fund investing, it refers to employing one of three possible approaches, investing in growth stocks, value stocks, or a combination ...
Business Owner Policy - BOP
Insurance policies which covers protection from property and liability insurances. This insurance package collates the basic coverages a business r ...
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