Related Words

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

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

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

Pension Funds: Pension funds usually have large amounts of money available for investment. Because of the comparatively high yields and low risks offered by mortgages, pension funds have begun to participa . . . View Full Definition

Performance Fund: A growth-oriented mutual fund investing in growth stock and performance stock with low dividends and high risk.

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).

Open-End Mutual Fund: Most mutual funds are open-end funds. This means they issue and redeem shares on a continuous basis, and grow or shrink in response to investor demand for their shares. Open-end mutual funds . . . View Full Definition

Not-Sufficient-Funds Check: A bank check having insufficient funds to back it.

Nonrefundable Tickets: A no money back purchased ticket. Airlines usually allow customers to 'reuse' the same amount of the ticket purchased in future travel for a little fee.