- Branche: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
The price at which the owner of a security offers to sell it.
Related to Mutual Funds Orders: Last reported Net Asset Value (NAV) for the fund, plus any applicable front end sales charge as outlined in the fund prospectus.
Related to Fixed Income: The lowest price Merrill Lynch is willing to sell the security at a given time quoted in terms of a percentage of par value.
Related to IPOs: The price at which the investing public can purchase shares of an offering. This is also referred to as public offering price.
Industry:Financial services
The minimum number of bonds required for purchase, defined on the Merrill Lynch Direct site by par value.
Industry:Financial services
The return of an investor's principal in a security, such as a bond, preferred stock or mutual fund shares, at or prior to maturity.
Industry:Financial services
A person who has some limited legal and management rights and responsibilities to act on behalf of a company. Officers are generally designated as such by the company.
Industry:Financial services
The percentage of total assets that would be held in each asset class, sector or size & style category if the suggested allocation model were followed.
Industry:Financial services
The fee a mutual fund may charge an investor who is redeeming shares, which may not exceed 2% of the value of shares redeemed. A Contingent Deferred Sales Charge (CDSC) is not considered a redemption fee.
Industry:Financial services
A market order or limit order to be executed just prior to the close of a trading session, or canceled if this is not possible.
Industry:Financial services
The dollar value that would be held in each asset class, sector or size & style category if the suggested allocation model were followed.
Industry:Financial services
The date on which a security's issuer repurchases the security.
Industry:Financial services
A market order or limit order which is to be executed at the opening bell, or if not then to be immediately cancelled.
Industry:Financial services
