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The grouping together of financial assets like cash equivalents, bonds, stocks and their counterparts whether they are closed fund or exchange related is known...

The word corporation represents an organization, which works completely separately from its owners, and it is in itself a legal body capable of presenting...

Definition Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of...

An investor does not deal with the buying and selling procedures on his own; he has a broker do them for him. This is...

Any resource which has an economic value is termed as an asset. An asset is controlled by either an individual or an organization in...

Investment refers to buying financial assets with the expectation of earning profit in the future. The underlying asset is purchased not for immediate consumption,...

What is 'Management Tenure' The length of time that a manager(s) has been at the helm of a mutual fund. A long-term...

What is a 'Facility' A facility is a formal financial assistance program offered by a lending institution to help a company that...

What is 'Joint Float' Two or more countries agreeing to keep their currencies at a same exchange rate relative to one another,...

What is 'John G. Drosdick' A former chairman, CEO and president of petroleum company Sunoco. Drosdick led Sunoco to acquire nearly 300...