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Bank of America Merrill Lynch
Industria: Financial services
Number of terms: 10107
Number of blossaries: 0
Company Profile:
Objective is to strike a balance between bonds for current income and stocks for growth. Despite the relatively balanced nature of the portfolio, an investor using this profile should be willing to assume risk of principal loss.
Industry:Financial services
American Depository Receipts (ADRs) are receipts held by an U.S. bank that represent stock in a foreign firm. ADRs trade in U.S. dollars, making it simpler for U.S. investors to invest in overseas markets. British Telecomm (BTY) is an example of an ADR.
Industry:Financial services
An option contract that may be exercised at any time between the date of purchase and the expiration date. Most exchange-traded options are American-style.
Industry:Financial services
An option contract that may be exercised only during a specified period of time just prior to its expiration.
Industry:Financial services
An exchange is a centralized location where securities or commodities are traded. The exchanges represented here are the New York Stock Exchange, the American Stock Exchange, and the NASDAQ National Market®.
Industry:Financial services
Date on which your exchange transactions are effective.
Industry:Financial services
Percentage of the proceeds from the redeemed fund(s) which he/she would like invested into the new fund.
Industry:Financial services
Number of units to be redeemed out or sold of the fund.
Industry:Financial services
A shareholder service that allows shareholders to move their assets from one fund to another fund within the same mutual fund family, usually without any additional sales charge or fees. Fund groups vary in the specific parameters detailing when or how many times an investor may use the exchange privileges.
Industry:Financial services
If a stock is "ex-dividend", (without dividend) the buyer of the stock will not receive a dividend that has been declared for that quarter, but the seller will. The trade will be ex-dividend because the settlement date will be after the record date, which determines which holder is entitled to the dividend.
Industry:Financial services