Meaning EXCHANGE PRIVILEGE: A mutual fund shareholder's right to switch from one fund to another within one fund family, usually at no additional charge
More terms such as Exchange privilege in Dictionary E.
- Definition Either-Way Market:
- Examples In the interbank Eurodollar deposit market, an either-way market is one in which the bid and offered rates are identical exchange privilege definition.
- Definition Earnings Surprises:
- Examples negative differences from the consensus forecast of earnings by institutions such as First Call or IBES Negative earnings surprises generally have a greater adverse effect on stock prices than a exchange privilege explain.
- Definition Exchange Offer:
- Examples An offer by a firm to give one security, such as a bond or preferred stock, in exchange for another security, such as shares of common stock exchange privilege what is.
- Definition Exchange Risk:
- Examples a firm's value that results from unexpected exchange rate changes, or the extent to which the present value of a firm is expected to change as a result of a given currency's appreciation or exchange privilege meaning.
- Definition Earn-Out:
- Examples additional payment in a merger or acquisition that is not part of the original acquisition cost, which is based on the acquired company's future earnings relative to a level determined by the exchange privilege abbreviation.