Meaning MAY DAY: The date of May 1, 1975, after which brokers were allowed to charge any brokerage commission, rather than a mandatory rate
More terms such as May Day in Dictionary M.
- Definition Money Market Fund:
- Examples invests only in short-term securities, such as banker's acceptances, commercial paper, repurchase agreements, and government bills. The net asset value per share is maintained at $1.00. Such may day definition.
- Definition Markowitz, Harry:
- Examples Nobel laureate in economics. Father of modern portfolio theory may day explain.
- Definition Monthly Investment Plan:
- Examples A plan in which a certain amount is invested each month in order to benefit from dollar cost averaging may day what is.
- Definition Market Capitalization:
- Examples The total dollar value of all outstanding shares. Computed as shares times current market price. Capitalization is a measure of corporate size may day meaning.
- Definition Matched Sale Transaction:
- Examples convertible securities. Procedure whereby the Federal Reserve Bank of New York sells government securities to a nonbank dealer against payment in federal funds. The agreement requires the dealer to may day abbreviation.
