Funds

Funds

Industry: Financial services

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Funds

Prior year accrued interest

Financial services; Funds

Total interest paid or credited for the previous year.

Louisiana municipal debt funds

Financial services; Funds

Fund limits assets to those securities that are exempt from taxation in Louisiana, (double tax-exempt) or city, (triple tax-exempt).

Primary market

Financial services; Funds

The market in which securities underwriters sell newly issued securities to investors. In primary markets, proceeds from the sales go to the issuer of the securities.

Low

Financial services; Funds

The lowest trading price of a security or option during the current trading session. When the market is closed, this number indicates the lowest price for the entire most-recent trading session.

Newly issued shares in an offering where the proceeds go to the issuing company. Unlike secondary shares, primary shares are not considered part of the total shares outstanding prior to the offering ...

Maintenance and replacement fund

Financial services; Funds

Designed to provide security to the bond holder by ensuring that the mortgaged property would be maintained in good operating condition and that the old plants would be replaced.