Category: glossary , Asked by: F. W. From Coral Springs, United States
A: "defensive securities " is Securities which are considered to be more stable in price in a market where prices are falling. Visit dbFX
Category: glossary by Rebecca O. From Sioux Falls, United States
a "black thursday " is The name given to Thursday, October 24, 1929, when the New York Stock Exchange plummeted, leading to the Great Depression of the 1930s. As a result of this day, the Securities Act of 1933 and the Securities Exchange Act of 1934 were formed in order to increase market regulation in the hope of preventing future catastrophic events.
Category: glossary by E. Hardy from Independence, United States
the "chartered insurance professional " is A professional designation granted by the Insurance Institute of Canada to insurance agents in the property and casual segments of the industry. The designation was created to promote a standard in the field and gives agents professional standing in the field for the benefit of both employers and clients. To obtain certification the applicant needs to write and pass 10 exams given by the institute. Once the certification is obtained the applicant must pay a yearly membership fee to retain the certification.
Category: glossary by Marcelo C. From United States
an "exit charge " is Instead of making an initial charge, some unit trust companies (particularly PEP managers) make a charge if units are cashed in, for example, within five years. In the US this is known as a back end load.
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