Related Words

Balanced Fund: Balanced funds are mutual funds that invest in a portfolio of common stocks, preferred stocks, and bonds to meet their investment goal of seeking a strong return while moderating risk. Balan . . . View Full Definition

Balanced Mutual Fund: This is a fund that buys common stock, preferred stock, and bonds. The same as a balanced fund.

Prerefunded Bond: Refunded bond.

Prerefunding: Prerefunding may occur when a corporation plans to redeem a callable bond before its maturity date. If that's the case, the bond is identified as a prerefunded bond. To prerefund, the issuer . . . View Full Definition

Prime Rate Fund: A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders.

Plan Funding: The method that an employer or other payor or purchaser uses to pay medical benefit costs and administrative expenses.

Petty Cash Fund: A small amount of cash kept on hand for making miscellaneous payments.

Overfunded Pension Plan: A pension plan that has a positive surplus (i.e., assets exceed liabilities).

Option Mutual Fund: A mutual fund that buys and sells options for aggressive or conservative investment.

Pension Fund: A fund set up to pay the pension benefits of a company's workers after retirement.