INCOME FUND
Mutual fund that aims to generate an income stream for shareholders, monthly or quarterly, by investing in securities that offers dividends or interest payment. These funds hold various instruments such as government, municipal, and corporate debt obligations, bonds, common stock, money market instruments, preferred stock, and dividend-paying stocks. Share prices of these funds change depending on the interest rate.
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Equalization Payments
Payment the federal government made to an individual, province, or state to offset monetary imbalances between several parts of the country or indi ...
Seller
In the financial industry, a seller may be one of two things. First, it is an entity that may be an individual or a group that exchanges a product ...
SLL
SLL is the abbreviation for the currency in the Republic of Sierra Leone which is the Sierra Leone leone.
Error Term
Margin of error in a statistical and/or mathematical model created when the model fails to fully depict the actual connection between the independe ...
Treasury Bill - T-Bill
Short-term debt obligation with a maturity of less than one year. Backed by the US government, these debts are sold in denominations from $1,000 up ...
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