IBCs Money Fund Report Average
IBCs Money Fund Report Average: Fifth letter of a Nasdaq stock symbol specifying that it is the third preferred bond of the company.
Out-Of-The-Money Option: A call option is out of the money if the strike price is greater than the market price of the underlying security. That is, you have the right to purchase a security at a price higher than t . . . View Full Definition
Out-Of-The-Money: An option is out-of-the-money when the market price of an instrument on which you hold an option is not close to the strike price. Call options — which you buy when you think the price is go . . . View Full Definition
Option Mutual Fund: A mutual fund that buys and sells options for aggressive or conservative investment.
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
Overfunded Pension Plan: A pension plan that has a positive surplus (i.e., assets exceed liabilities).
Performance Fund: A growth-oriented mutual fund investing in growth stock and performance stock with low dividends and high risk.
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
Pension Fund: A fund set up to pay the pension benefits of a company's workers after retirement.
Open-End Fund: Used in the context of general equities. Mutual fund that continually creates new shares on demand. Mutual fund shareholders buy the funds at net asset value and may redeem them at any time . . . View Full Definition