Tag: fund

What is 'Backing Away' Failure by a market maker in a security to honor the quoted bid and ask prices for a...

DefinitionThe government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax...

What is 'Late-Day Trading' An unethical (if not illegal) practice of a hedge fund purchasing and then selling securities (usually shares of...

What does 'Large Cap - Big Cap' mean Large cap (sometimes "big cap") refers to a company with a market capitalization value...

What is an ETF and how does it work ETFs are exchange traded funds. ETFs are a type of investment fund that hold a basket...

What is 'Earmarking' Earmaking consists of funds (or capital) that are set aside to pay for a specific project or event. In...

DefinitionThe expense ratio of a stock or asset fund is the total percentage of fund assets used for administrative, management, advertising, and all other...

What is an obligor An obligor is a legal entity that is obligated to make payments on a debt or other financial obligation. The term...

What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...

What was 'QQQQ' QQQQ was the previous ticker symbol for the Nasdaq 100 Trust, an ETF that trades on the Nasdaq. This security offers broad...