10 Terms
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General Finance
Industry: Financial services
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General Finance
multirule system
Financial services; General Finance
A technical trading strategy that combines mechanical rules, such as the CRISMA (cumulative volume, relative strength, moving average) Trading System of Pruitt and White.
market letter
Financial services; General Finance
A newsletter analyzing the market that is written by an SEC-registered investment adviser who sells the letter to subscribers. See: Hulbert Rating.
municipal bond
Financial services; General Finance
State or local governments offer muni bonds or municipals, as they are called, to pay for special projects such as highways or sewers. The interest that investors receive is exempt from some income ...
market maker
Financial services; General Finance
Used in the context of general equities. One who maintains firm bid and offer prices in a given security by standing ready to buy or sell round lots at publicly quoted prices. See: Agent, dealer, ...
municipal bond insurance
Financial services; General Finance
An insurance policy which guarantees payment on municipal bonds in the event of default .
municipal bond fund
Financial services; General Finance
A mutual fund that invests in tax-exempt bonds issued by state, city, and/or local governments. The interest obtained from these bonds is passed through to shareholders and is generally free of ...
