Tag: fund

DefinitionA with-profits policy or participating policy is an insurance contract that participates in the profits of a life insurance company. The company is often...

DefinitionThe Palisades Water Index is a modified equal-dollar weighted stock market index. It is designed to track the performance of companies engaged in the...

DefinitionA pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension Fund...

What is 'Passive Activity' Passive activity is activity in which the taxpayer did not materially participate in during the tax year. Internal...

DefinitionPassive management is an investing strategy that tracks a market-weighted index or portfolio. The most popular method is to mimic the performance of an...

What is 'Paris Hilton Stock Index' A stock index comprised of companies associated with the socialite Paris Hilton. Some investors conceive her...

What are pari-mutuel revenues and how are they generated Pari-mutuel revenues are a type of betting where the total payouts are calculated based on the...

What is 'Parasitic Advertising' A type of marketing that promotes one product at the cost of lost sales for another product. Parasitic...

What is a 'Sales Charge' A sales charge is a commission paid by an investor on his or her investment in a...

What is 'Qualified Trust' A tax-advantaged fiduciary relationship between an employer and an employee in the form of a stock bonus, pension,...