The unscheduled partial or complete payment of the principal amount outstanding on a loan, such as a mortgage, before it…
A type of 529 plan that lets an account owner purchase units or credits at participating colleges or universities for…
The combined holdings of stock, bond, commodity, real estate and other investments by an individual or institutional investor.
A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi schemes are…
“PIPE” stands for “private investment in public equity.” In a PIPE offering, investors commit to purchase a certain number of restricted…
Defined benefit plans also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will…
The OTC Bulletin Board (OTCBB) (link is external) is an electronic quotation system that displays real-time quotes, last-sale prices, and volume information…
Options are contracts giving the purchaser the right – but not the obligation -- to buy or sell a security…
The costs a fund incurs in running the fund, including management fees, distribution fees, and other expenses.