Related Words

Lipper Mutual Fund Industry Average: The average level of performance for all mutual funds, as reported by Lipper Analytical Services.

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

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

Out-Of-Favor Industry Or Stock: An unpopular industry or stock that usually has a low price-earnings ratio.

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

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.

Offshore Fund: An offshore fund is a mutual fund that’s sponsored by a financial institution that’s based outside the United States. Unless the fund meets all of the regulatory requirements imposed on dome . . . View Full Definition

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