Jennifer Archive
Execution only is a kind of trading service that is restricted to the execution of trades only. In this type of trading service client don’t receive any information regarding the merit, suitability and profitability of the trade that is being executed. This kind of
Discretionary investment management is a kind of investment technique in which the clients don’t take investment decisions directly. All the investment decisions including buy, sell and all kind of trading is done through a portfolio manager or a counselor on the behave of the
A set up bond can be defined as a bond that pays an initial coupon rate at the first maturity period of the bond and then it offers a high coupon rate at all of the other maturity periods of the bonds. A set
A put bond is a kind of bond that allows the bond holder to force the bond issuer to repurchase the bond or repurchase the securities at a specific date even before the maturity of the bond or the security. The price at which
A premium bond is a kind of bond that is being traded on the value that is high or above the original par value of the bond. A bond is called to be traded at the premium when the coupon rate offered by the
Relevant cost can be defined as a managerial accounting term that is used to describe and explain the costs that are related to the management decisions. The man objective behind the concept of the relevant cost is that management requires data and information to
Relationship banking can be defined as a strategy that is used by the banks to enhance their profitability. In order to make their relationship strong with their customers and clients the banks accomplish the task of cross selling financial products and services to their
Regulatory asset can be defined as specific costs or the cost revenues that is permitted to a US public utility company to defer to its balance sheet. This specific cost is permitted by a US regulatory agency or a regulatory authority. The US public
Write down is the concept that is completely opposite to the write up. In write down the book value of the asset is reduced because the value of the asset is already overvalued as compared to the actual and the original market value of
Written down value can be defined as a value of an asset that has been accounted for the amortization and depreciation. The written down value of the asset is also called as the net value or the book value of the asset. In order
Write up can be defined as an increase that is made to the book value of the asset due to the fact that the asset is carrying less value than its value in the fair market. A write up is usually occur in a
Designated beneficiary can be defined as a person that will determine that how long a retirement plan for an employee can be act or survive as a tax free or tax deferred vehicle under the specific laws that govern different types of retirement plans.
Defined benefit plan is a kind of retirement plan that is funded or backed by the employer and in such a retirement plan the benefits are defined on a number of different factors. These factors may include the sales target achieved by the employee,
Automatic Saving Plan is a kind of personal saving plan in which the individual or the plan owner deposits a fixed sum of money automatically in their investment account after some regular interval of time. There is a typical fund transfer structure that an
Asset retirement obligation is an accounting rule and it is the rule no 143 that is designed and implemented by Financial Accounting Standard Board in year 2001. This rule implies to all public limited companies to recognize the fair and accurate value of all
Annuity Ladder can be defined as an investment strategy for the retirees or those who are absolutely near their retirement. Annuity Ladder entails the purchase of some immediate annuities over a time period that spans for a year so that it can provide a
As the name indicates the clone fund is a replica of a larger mutual fund. The clone fund tries to replicate the benefits and the reimbursements of a larger mutual fund. A clone fund is usually setup by the mutual fund issuing company if
Beneficial interest can be defined as the right of an individual or a business entity to receive benefits on the assets that are held by a third party or any other entity. In most of the cases the beneficial interest is included or referred