Funds

Funds

Industry: Financial services

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Funds

Poison put

Financial services; Funds

A feature that allows the investor, in the event of a takeover, to require the issuer to repurchase the security.

Policy date

Financial services; Funds

The date of which insurance coverage becomes effective. The policy date (also known as the contract date) determines when contract anniversaries and maturity will occur.

Latest value

Financial services; Funds

The total value of a security listed based on current trading day market prices, if available, and delayed 15 or 20 minutes depending on the market where traded.

A document issued by a bank guaranteeing the payment to a beneficiary of a customer's draughts up to a stated amount; in the event that the customer is unable to make the payment to the beneficiary, ...

Portfolio

Financial services; Funds

Stocks, bonds, and other assets owned by a mutual fund or an investor.

Position cheques are not performed

Financial services; Funds

Position cheques are not performed for accounts which have (1) sold covered calls to open on packaged options (2) closed open positions on packaged options (3) complex option strategies. When either ...

Potential income

Financial services; Funds

A pretax calculation equal to the difference between the previous business day's closing price of your company stock and your grant price multiplied by the number of options/grants. This figure does ...