Category: glossary , Asked by: Marcelo C. From United States
A: 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. Visit ForexWebTrader
Category: glossary by Haylie F. From United States
the "dow jones transportation average " is The Dow Jones Transportation Average is a price-weighted average of 20 transportation stocks traded in the United States. The average was started back in 1884. This index includes airlines, railways, trucking, and delivery companies.
Category: glossary by R. S. From Cork, Ireland
"dirty stock " is Stock that is not granted a good delivery status due to missing or incorrect transfer documentation or endorsements. Dirty stock will usually disrupt the transaction process. When stock is exchanged, various legal forms and endorsements are required to transfer the ownership title from the seller to the buyer. When the documentation is not properly handled, the stock will be labeled as dirty. A stock must attain good delivery status before the transfer is complete.
Category: platform by D. Lee from Caen, France
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