Investor Definitions

MARKET CAPITALIZATION

Market capitalization is the value of a corporation determined by multiplying the current public market price of one share of…

5 years ago

MARGIN CALL

If you buy on margin and the value of your securities declines, your brokerage firm can require you to deposit…

5 years ago

MARGIN ACCOUNT

A “margin account” is a type of brokerage account in which the broker-dealer lends the investor cash, using the account…

5 years ago

MANAGEMENT FEE

A fee paid out of fund assets to the fund's investment adviser for investment portfolio management. A fund's management fees…

5 years ago

MAINTENANCE FEE

Fees that direct-sold college savings plans may charge for continued participation in the plan.

5 years ago

LUMP SUM PAYMENT

A payment of a sum of money at one time, such as an inheritance.

5 years ago

LOST OR STOLEN STOCK CERTIFICATES

Brokerage firms, banks, transfer agents and corporations have procedures in place to help investors replace lost or stolen certificates. If…

5 years ago

LOST AND STOLEN SECURITIES PROGRAM

Congress directed the establishment of the Lost and Stolen Securities Program (LSSP) to curtail trafficking in lost, stolen, missing, and…

5 years ago

LONDON INTERBANK OFFERED RATE (LIBOR)

The interest rates banks charge each other for short-term loans. LIBOR is frequently used as the base for resetting rates…

5 years ago

LOAD

The amount that investors pay when they buy (front-end load) or redeem (back-end load) shares in a mutual fund, similar…

5 years ago