Meaning DEFINED ASSET FUND: A unit investment trust consisting of a fixed portfolio of securities, including blue chips, REITs, or high-yielding stocks on a major exchange such as the NYSE or FTSE
More terms such as Defined asset fund in Dictionary D.
- Definition Demand Master Notes:
- Examples Short-term securities that are repayable immediately upon the holder's demand defined asset fund definition.
- Definition Due-On-Sale Clause:
- Examples A mortgage contract clause stipulating that the borrower to pay off the full remaining principal on a mortgage if the mortgaged property is sold before the mortgage is paid off defined asset fund explain.
- Definition Dead Cat Bounce:
- Examples A small upmove in a bear market defined asset fund what is.
- Definition Drop-Dead Day:
- Examples The date on which a deadline is final, with no exceptions defined asset fund meaning.
- Definition Date Of Payment:
- Examples Date dividend checks are mailed defined asset fund abbreviation.