Related Words

Moodys Investment Grade: A rating of one through four assigned by Moody's Investor Service to municipal short-term bonds.

Paper Grade: Numerical and terminological description of paper contrast: numbers 0 - 1 soft: number 2 normal: number 3 hard: number 4 - 5 very hard: number 6 ultra hard. Similar grade number from differe . . . View Full Definition

Passive Investment Management: Buying a well diversified portfolio to represent a broad-based market index without attempting to search out mispriced securities.

Normal Investment Practice: The investment history of a customer, which is used as a benchmark to test the bona fide public offerings requirement of the allocation of a hot issue.

Net Investment Income Per Share: Income received by an investment company from dividends and interest on investments less administrative expenses, divided by the number of outstanding shares.

Net Present Value Of Future Investments: The present value of the total sum of NPVs expected to result from all of the firm's future investments.

Pay Grades: A method used to group jobs together that have approximately the same relative internal worth and are paid at the same rate.

Program-Related Investment: Broad, functional definition: A method of providing support to an organization, consistent with program goals involving the potential return of capital within an established time frame. In t . . . View Full Definition

Registered Investment Company: An investment firm which is registered with the SEC and complies with certain stated legal requirements.

Regulated Investment Company: An investment company allowed to pass capital gains, dividends, and interest earned on fund investments directly to its shareholders so that it is taxed only at the personal level, and doubl . . . View Full Definition