Contributors in Funds

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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