Finance

In finance, Immunization also referred to as multi-period immunization, maybe a risk-mitigation strategy that matches the duration of assets and liabilities, minimizing the impact of…

Naked Debenture It is a certificate of debt that is not secured by an asset or lien, but rather by all the issuer’s assets not…

The right that’s granted to buyers by some mutual funds permitting the buyers to count existing holdings of the fund together with new purchases when…

A noise trader is an individual who trades based on incomplete or inaccurate data, often trading irrationally. He is also known informally as idiot trader…

The adaptive markets hypothesis (AMH) combines principles of the well-known and often controversial efficient market hypothesis (EMH) with behavioral finance. Andrew Lo, the theory’s founder,…

The noisy market hypothesis is a financial theory that argues that the true underlying value of a company is not always efficiently calculated by looking…

Contingent Deferred Sales Charge (CDSC), also called a ‘back-end load’ or ‘sales charge’; it’s a fee, sales charge, or load, which mutual fund investors pay…

No-load funds have no front end, back end, or sales commissions associated with them. A no-load fund could be a type of open-end investment company…

A load fund may be a mutual fund that carries a commission to buy or sell its shares. The fund investor pays the load, which…

A mortgage is an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house or…

Moratorium A moratorium is a temporary suspension of an activity or a law until future events warrant lifting the suspension or related issues have been…

A sectoral currency is a medium of exchange that only has value in a limited marketplace. It is a form of complementary currency that is…