6 Terms
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Funds
Industry: Financial services
Add a new termContributors in Funds
Funds
Effective date
Financial services; Funds
The date on which a security that has filed a registration statement with the SEC can be offered for sale.
Expiration date
Financial services; Funds
Date on which an option and the right to exercise it cease to exist.
Effective tax rate
Financial services; Funds
Indicates the percentage of every dollar actually paid in taxes. It is calculated by adding together the state and federal income tax and dividing the result by total gross income.
Expiration month
Financial services; Funds
The specific month that an option contract expires and the right to exercise it cease to exist.
Electronic communications network (ECN)
Financial services; Funds
Computerised order matching systems. Limit orders only are accepted for dynamic matching and execution. Merrill Lynch executes Extended Hours orders through the Archipelago ECN.
Expiration time
Financial services; Funds
The time of day by which all exercise notices must be received on the expiration date.
Eligible employee
Financial services; Funds
Employees entitled to receive a benefit, such as the right to participate in a company-sponsored retirement plan or stock plan.
