Related Words

Fund Balance: Net worth in a nonprofit organization; total assets minus total liabilities.

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

Order Imbalance: An order imbalance occurs when there are substantially more buy orders in a particular security than there are sell orders, or the reverse. The result is a wide spread between bid and ask pr . . . View Full Definition

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

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

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

On Balance: Used for listed equity securities. Left over after pairing off other market buy and sell orders, usually before the opening of a stock or market but at times at the close (especially during . . . View Full Definition

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