Funds

Funds

Industry: Financial services

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Funds

yield to put

Financial services; Funds

A rate of return measuring the performance of a putable bond, from the time of purchase to its put date.

yield to refund

Financial services; Funds

A rate of return measuring the performance of a Refunded bond, from the time of purchase to its Refund date.

A debt obligation sold at a discount from its face value, where no periodic interest payments are made. At maturity, an investor receives one payment equal to principal invested plus interest earned ...

sale not long (SNL) check

Financial services; Funds

Sale not long (SNL) check is a position check for a specific security. This check is done for Closing orders (for example a Sell and Buy To Cover orders are closing orders). In addition to the ...

sales charge

Financial services; Funds

Full-service firms commonly charge a sales commission or load when mutual fund shares are purchased or redeemed, because a financial professional helps you analyze your financial needs and objectives ...