OFFSHORE MUTUAL FUND
It is a type of mutual fund that is based in an outside jurisdiction. It is generally outside the U.S. Offshore funds provide a number of features that differentiate them from those domiciled in the United States, as a lower level of regulation makes it easier to create and manage the funds. Thus, operating costs are cheaper and management fees may be lower. Tax exempt status allows the fund to reinvest gains that would then be taxable in high-tax areas.
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Split-Funded Annuity
Split-funded annuity is an annuity type where a portion of the principal is used as funds for immediate monthly payments. The rest of the principal ...
Eurobank
Financial institution accepting deposits in foreign currencies and making foreign currency loans. It does not necessarily have to be situated in Eu ...
Green Monday
Second Monday in December, one of the most gainful days for retail firms. It is a known shopping day for last-minute holiday shoppers. Shopping.com ...
Macroeconomic Factor
Economic conditions or factors that influence the state of the whole economy, rather than certain individuals. Governments, businesses, and consume ...
Schedule 14D-9
Schedule 14D-9 is a schedule under the Securities and Exchange Commission filed by an interested party that may be an issuer, or a beneficiary of s ...
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