Business / Finance / Prospectus: Formal written document to sell securities that describes the plan for a proposed business enterprise, or the facts concerning an existing one, that an investor needs to make an informed decision. Prospectuses are used by mutual funds to describe fund objectives, risks, and other essential information.
Prospectus Noun Synonyms: announcement, plan, scheme, programme, outline, conspectus, description
Business / Finance / Preliminary Prospectus: An initial or tentative version of a prospectus. MORE
Business / Taxes / Portfolio Turnover: Portfolio turnover is the rate at which a mutual fund manager buys or sells securities in a fund, or an individual investor buys and sells securities in a brokerage account. A rapid turnover rate, whi MORE