Meaning EXCHANGE FUND (ALSO KNOWN AS SWAP FUND): Investment vehicle introduced in 1999 that appeals to wealthy investors with large holdings in a single stock who want to diversify without paying capital gains taxes. These funds allow investors to exchange their stock for shares in the diversified portfolio of stocks in a tax-free transaction
More terms such as Exchange fund (also known as swap fund) in Dictionary E.
- Definition Exchange Of Stock:
- Examples Acquisition of another company by purchase of its stock in exchange for cash or shares exchange fund (also known as swap fund) definition.
- Definition Earned Income Credit:
- Examples A tax credit for taxpayers with children exchange fund (also known as swap fund) explain.
- Definition Equipment Trust Certificates:
- Examples Certificates issued by a trust that is formed to purchase an asset and lease it to a lessee. When the last of the certificates has been repaid, title and ownership of the asset transfers to the lessee exchange fund (also known as swap fund) what is.
- Definition Ethics:
- Examples Standards of conduct or moral judgment exchange fund (also known as swap fund) meaning.
- Definition Expected Future Return:
- Examples The return that is expected to be earned on an asset in the future. Also called the expected return exchange fund (also known as swap fund) abbreviation.
