10 Terms
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Funds
Industry: Financial services
Add a new termContributors in Funds
Funds
Price change
Financial services; Funds
The difference between the current price and the price at the last close of business.
Placement fee
Financial services; Funds
Upfront sales commission which may or may not be included in the total debit amount or be added to the total debit amount depending on the fund.
Plan name
Financial services; Funds
The name of your employee stock option plan administered by Merrill Lynch.
Platform
Financial services; Funds
For Alternative Investments indicates funds that share similar pricing and liquidity terms such as HedgeAccess, FuturesAccess or AlphaAccess.
Points
Financial services; Funds
For loans, 1% of the loan amount. For stocks, $1 per share. For bonds, 1% of the face value (usually $10, 1% of $1000). See also basis point, break-even point, cutoff point, delivery point, price ...
