Tag: commission

Definition Korea Investment Corporation was established in 2005 to preserve and enhance the long-term purchasing power of South Korea's sovereign wealth through efficient management of...

What is 'Hart-Scott-Rodino Antitrust Improvements Act Of 1976' A U.S. law enacted by President Ford that requires large companies to file a...

What is 'In-Service Withdrawal' A withdrawal made from a qualified plan account before the holder experiences a triggering event. A triggering event,...

What is 'National Pensions Reserve Fund' The National Pensions Reserve Fund is a public pension fund established by the Republic of Ireland....

What is 'Nationally Recognized Statistical Ratings Organization - NRSRO' The formal term to describe credit rating agencies that provide credit ratings that...

What is the National Association of Securities Dealers (NASD)? The National Association of Securities Dealers (NASD) is the largest securities market regulator in the United...

What is a 'National Market System - NMS' A national market system (NMS) is a system with two main functions: ...

What is an Omnibus Account An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...

What is 'Real-Time Trade Reporting' A requirement imposed on market makers (and in some instances, non market makers) to report each trade...

What is a Rate-Improvement Mortgage A rate-improvement mortgage is a type of home loan that offers a lower interest rate than the standard fixed-rate mortgage....