TELECOM ETF
Exchange-traded fund investing in firms engaged into manufacturing telephone and internet products, and providing internet and phone services, as well as technologies. The fund has various aspects and each of it focuses on one aspect of the industry. International telecom ETFs invest in leading telecommunications firms around the world. It does not dwell on a single aspect of the sector, but it trails the industry as a whole. Also called communications industry ETF.
POPULAR TERMS
Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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