SPREAD-LOAD CONTRACTUAL PLAN
Spread-load contractual plan is a structure of paying fees. It is applies to mutual funds whose sales charge or commission was not paid in its entirety upon the initial contribution of funds or even the following early contributions. The process goes that the load is distributed across a lengthy time period to apply the load aptly to each contribution.
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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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