SLOVAK KORUNA
SKK is the abbreviation for the currency in Slovakia which is the Slovak Koruna. For every Slovak Koruna there is 100 halierov. The currency is, more often than not, represented with a ‘Sk’ sign. It was active from February 8, 1993 until January, 2009 and is also referred to as ‘crown’.
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Broker of Record
Insurance agent assigned to represent and manage the entity’s insurance policy. The agent may receive copies of all communications to the pol ...
Foreign Branch Bank
A foreign bank obligated to follow the regulations of both the home and host countries.
B Share
It is a class under the multi-class mutual funds family. It is characterized by a back-end structure of load that is only paid when the funds are a ...
Average Annual Growth Rate - AAGR
It is the up or addition in the value of an investment in a year. Taking the arithmetic mean of the growth rate can determine the increase of the i ...
Matching Strategy
Acquiring investments by which its payouts will accord an individual or a firm’s liabilities. In this strategy, every investment portfolio is ...
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