Meaning PHONE SWITCHING: Transferring money between funds in the same mutual fund family by telephone request. There may be a charge associated with these transfers. Phone switching is also possible among different fund families if the funds are held in street name by a participating broker/dealer
More terms such as Phone switching in Dictionary P.
- Definition Payer:
- Examples The person making a payment to a payee phone switching definition.
- Definition Path-Dependent Option:
- Examples An option whose value depends on the sequence of prices of the underlying asset rather than just the final price of the asset phone switching explain.
- Definition Perpetuity:
- Examples A constant stream of identical cash flows without end, such as a British consol phone switching what is.
- Definition Production Rate:
- Examples The coupon rate at which a pass-through security guaranteed by Ginnie Mae is issued phone switching meaning.
- Definition Production-Flow Commitment:
- Examples An agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches phone switching abbreviation.
