Closed-End Fund

Business / Finance / Closed-End Fund: Position that is liquidated when the client does not meet a margin call or cover a short sale.

Other Words for Fund

Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
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Open-End Mutual Fund

Business / Taxes / Open-End Mutual Fund: Most mutual funds are open-end funds. This means they issue and redeem shares on a continuous basis, and grow or shrink in response to investor demand for their shares. Open-end mutual funds trade at MORE

Mutual Fund

Business / Finance / Mutual Fund: Mutual funds are pools of money that are managed by an investment company and regulated by the Investment Company Act of 1940. They offer investors a variety of goals, depending on the fund and its in MORE

Open-End Fund

Business / Finance / Open-End Fund: Used in the context of general equities. Mutual fund that continually creates new shares on demand. Mutual fund shareholders buy the funds at net asset value and may redeem them at any time at the pre MORE

Prerefunding

Business / Finance / Prerefunding: Procedure of floating a second bond at a lower interest rate in order to pay off the first bond at the first call date and to reduce overall borrowing costs. MORE

Prime Rate Fund

Business / Finance / Prime Rate Fund: A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders. MORE

Private Export Funding Corporation (PEFCO)

Business / Finance / Private Export Funding Corporation (PEFCO): Company that mobilizes private capital for financing the export of big-ticket items by U.S. firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of U.S. p MORE

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