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Funds
Industry: Financial services
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Funds
Accretion
Financial services; Funds
The straight-line accumulation of capital gains on a discount bond in anticipation of receipt of par value at maturity.
Deal sketch
Financial services; Funds
A summary of deal terms of an offering including expected offering date, shares to be offered, proposed symbol, price range, etc.
Asset sale clause
Financial services; Funds
Allows the issuer to sell assets to redeem the outstanding debt.
Day low
Financial services; Funds
The lowest reported trading price for a stock during the current trading session. When the market is closed, this number indicates the lowest price for the entire most-recent trading session.
Asset allocation
Financial services; Funds
The mix of investment classes - cash equivalents, bonds and stocks - in an investor's portfolio. The appropriate balance is based on the anticipated return and relative risk of each asset category as ...
Account number
Financial services; Funds
The number assigned to an account, usually it's the customer's social security number.
Day order
Financial services; Funds
An order which will expire at the end of the trading day if it is not executed.
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