Fund Switching

Business / Finance / Fund Switching: A mutual fund or hedge fund that invests in other funds.

Other Words for Fund

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

Science / Biology / Prey Switching: The tendency of predators to switch to a more readily available prey when one prey species becomes rare; allows the first prey population to rebound and helps prevent its extinction. 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

Proprietary Fund

Business / Taxes / Proprietary Fund: Proprietary mutual funds are offered for sale by the financial institution — such as a bank, investment company, or brokerage firm — that sponsors the funds. Characteristically, the funds' names i MORE

Prerefunded Bond

Business / Finance / Prerefunded Bond: Refunded bond. MORE

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