Share Market Terminology: Part 2

…appreciation fund, clone fund, closed fund, crossover fund, equity fund, fund of funds, global fund, growth fund, growth and income fund, hedge fund, income fund, index fund, international fund, money market fund, municipal bond fund, prime rate fund, regional fund, sector fund, specialty fund, stock fund, and tax-free bond fund. 12. Open-end Mutual Fund A fund operated by an investment company which raises money from shareholders and invests…

Share Market Terminology: Part 1

…shareholders that are on the company’s records as on that date are eligible for these benefits. Bonds A bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest and/or to repay the principal at a later date, termed maturity. A bond is a formal contract to repay borrowed money with interest at fixed intervals. Splits A stock split increases the number…

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