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Funds
Industry: Financial services
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Funds
Market capitalization
Financial services; Funds
The value of a corporation based on the latest price of its common stock multiplied by the number of shares outstanding. Often displayed in $MM (millions of dollars).
Put bond
Financial services; Funds
A bond that permits the holder to redeem the issue at specified intervals prior to maturity and receive full face value.
Max return
Financial services; Funds
The maximum annualised return of a written put option defined by (Premium/Market Price) x100. The annualised return is determined by multiplying the return by 12 and dividing it by the number months ...
Rate guarantee
Financial services; Funds
For the single premium Whole Life policies, the policy owner may select an initial guarantee period for one, three or five years. The rate is guaranteed to remain level for the period chosen. At the ...
Non-taxable amount
Financial services; Funds
Amount of money that was deposited prior to certain tax laws and doesn't require tax to be paid on.
Maximum available quantity
Financial services; Funds
The largest amount of principal quantity that can be purchased of a particular security.
Ratio write
Financial services; Funds
Ratio Write occurs when one sells call options in a ratio higher than 1 to 1 against the stock that is owned.
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