Business / Taxes / Asset Class: Different categories of investments are described as asset classes. Stock, bonds, and cash — including cash equivalents — are major asset classes. So are real estate, derivative investments, such as options and futures contracts, and precious metals. When you allocate the assets in your investment portfolio, you decide what proportion of its total value will be invested in each of the different asset classes you’re including.
Class Verb Synonyms: classify, group, arrange, assort, type, categorize, rank, grade, rate, order
Class Noun Synonyms: rank, grade, level, order, stratum, caste, lineage, birth, pedigree, stock, extraction, descent
Business / Taxes / Subclass: Each asset class — stock, bonds, and cash equivalents, for example — is made up of a number of different groups of investments called subclasses. Each member of a subclass shares distinctive quali MORE
Business / Taxes / Asset Allocation: Asset allocation is a strategy, advocated by modern portfolio theory, for reducing risk in your investment portfolio in order to maximize return. Specifically, asset allocation means dividing your ass MORE