Funds

Funds

Industry: Financial services

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Funds

Round lot

Financial services; Funds

The normal unit of trading of a security; 100 shares of stock or 5 bonds. Also called normal trading unit or even lot or full lot.

Typically the 3 or 4 character identifier that is anticipated to be assigned to an issue by the primary exchange for use in price dissemination and order execution of an equity security in secondary ...

New cost basis

Financial services; Funds

The desired price of a security used in determining capital gains. Cost basis is usually the purchase price, but may be an assigned value in the case of an inherited asset.

Risk

Financial services; Funds

A measure of volatility, or the potential for a fund's Net Asset Value (NAV) to increase or decrease.

Net proceeds

Financial services; Funds

For participants in employee stock option plans: The amount of cash or stock generated through a grant exercise less any fees, taxes and option reimbursement costs.

Reverse split

Financial services; Funds

A stock split which reduces the number of outstanding shares and increases the per-share price proportionately. Usually an attempt by a company to disguise a falling stock price.

Margin account

Financial services; Funds

A margin account is a loan account. Margin is an extension of credit by Merrill Lynch using marginable securities as collateral that you deposited or purchased in the open market. Merrill Lynch's ...