20 Terms
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Funds
Industry: Financial services
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Funds
Preliminary prospectus
Financial services; Funds
Otherwise referred to as "red herrings", the preliminary prospectus is the first document released by the underwriter of a new issue to prospective purchasers during the cooling-off period. This red ...
Line of credit
Financial services; Funds
The maximum business loan amount available through commercial line of credit from Merrill Lynch Commercial Finance Corp..
Last price
Financial services; Funds
The last reported transaction or trade price of the requested security. (Prices are delayed for at least 15 minutes). Related to Mutual Funds Orders: Last reported Net Asset Value (NAV) for the fund.
Percent gain/loss
Financial services; Funds
Gain/Loss calculated as a percentage of the Initial Cost (Initial Price times the quantity).
Last price/nav
Financial services; Funds
Represents the current (at least 15 minutes delayed) price of the listed security or the latest Net Asset Value for the mutual funds.
Percent total portfolio
Financial services; Funds
The percentage a particular asset constitutes of the total portfolio value.
Last sale
Financial services; Funds
The most recent price (during a trading session) or the price of the final transaction (after the market closes) for a given security.
