- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The average time to maturity of securities held by a mutual fund. Changes in interest rates have greater impact on funds with longer average maturity.
Industry:Financial services
Markets in which the prevailing price is determined through the free interaction of prospective buyers and sellers, as on the floor of the stock exchange.
Industry:Financial services
The ratio of net credit sales to average accounts receivable, which is a measure of how quickly customers pay their bills.
Industry:Financial services
The ratio of the average cash inflow to the amount invested.
Industry:Financial services
Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction.
Industry:Financial services
Refers to an individual whose net worth, or joint net worth with a spouse, exceeds $1,000,000; or whose individual income exceeded $200,000 or whose joint income with a spouse exceeded $300,000 in each of the 2 most recent years and can be expected to meet that income in the current year. More details of the definitions for investors other that individuals are found in Regulation D of the Securities and Exchange Commission.
Industry:Financial services
Taxes as a fraction of income; total taxes divided by total taxable income.
Industry:Financial services
An examination of a company's accounting records and books conducted by an outside professional in order to determine whether the company is maintaining records according to generally accepted accounting principles. See: accountant's opinion.
Industry:Financial services
In portfolio accounting, a straight-line accumulation of capital gains on a discount bond in anticipation of receipt of par at maturity.
Industry:Financial services
A strategy used by investors to lower the overall cost of shares by buying as many shares with a given amount of capital in an increasing market. Buying $1000 worth of shares at $30, $35, $40, and $45, for instance, will make the average cost of the shares $37.50.
Industry:Financial services
