Business / Finance / 12B-1 Funds: Mutual funds that do not charge an up-front or back-end commission, but instead take out up to 1.25% of average daily fund assets each year to cover the costs of selling and marketing shares, an arrangement allowed by the SEC's Rule 12B-1 (passed in 1980).
Funds Noun Synonyms: money, (hard) cash, ready money, assets, means, wealth, resources, wherewithal, savings, capital, nest egg, endowment, loot, lucre, pelf, green, bread, dough, ready, readies, lolly, bucks, scratch
Business / Finance / Objective (Mutual Funds): The fund's investment strategy category as stated in the prospectus. There are more than 20 standardized categories. E.g. Aggressive growth, balanced. MORE
Business / Real Estate / Pension Funds: Pension funds usually have large amounts of money available for investment. Because of the comparatively high yields and low risks offered by mortgages, pension funds have begun to participate activel MORE
Life Style / College / Refunds: Greenville Technical College will refund a portion of tuition paid by students who withdraw from courses by specified dates. The schedule of dates, the percentage of tuition eligible to be refunded, a MORE
Business / Finance / Not-Sufficient-Funds Check: A bank check having insufficient funds to back it. MORE
Business / Accounting / Mutual Funds: Investment companies that pool money from shareholders and invest in a variety of securities, including stocks, bonds, and short-term money market assets. MORE