Meaning PRIME RATE FUND: A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders
More terms such as Prime rate fund in Dictionary P.
- Definition Profit Center:
- Examples A division of an organization held responsible for producing its own profits prime rate fund definition.
- Definition Perquisites:
- Examples Personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office decoration prime rate fund explain.
- Definition Premium Raid:
- Examples An attempt to acquire a large portion of a company's stock to gain control by offering stockholders a premium over the market value for their shares prime rate fund what is.
- Definition Piece:
- Examples Apply mainly to convertible securities. Increment of bonds that trade in portions of $1000 minimum. Not all bonds can be traded in pieces, and the increments can vary prime rate fund meaning.
- Definition Political Risk:
- Examples Possibility of negative events such as expropriation of assets, changes in tax policy, restrictions on the exchange of foreign currency, or other changes in the business climate of a country prime rate fund abbreviation.
