Investor Definitions

CONVERSION

A feature some funds offer that allows investors to automatically switch from one fund class to another, typically one with…

5 years ago

CONTINGENT DEFERRED SALES LOAD

A type of back-end load, the amount of which depends on the length of time the investor holds his or…

5 years ago

CONSOLIDATED TAPE

The "consolidated tape" is a high-speed, electronic system that reports the latest price and volume data on sales of exchange-listed…

5 years ago

COMPOUND INTEREST

Interest paid on principal and on accumulated interest. https://youtu.be/hQJmuLKfeY8

5 years ago

COMPLAINTS

The SEC’s Office of Investor Education and Advocacy (OIEA)receives many types of complaints from individual investors, including complaints against brokers,…

5 years ago

COMMITTEE ON UNIFORM SECURITIES IDENTIFICATION PROCEDURES (CUSIP)

The Committee on Uniform Securities Identification Procedures (CUSIP) number identifies most securities, including U.S. government and municipal bonds. CUSIP numbers…

5 years ago

COMMISSIONS

You will likely pay a commission when you buy or sell a stock through a financial professional.  The commission compensates…

5 years ago

CLOSING PRICE

"Closing price" generally refers to the last price at which a stock trades during a regular trading session. For many…

5 years ago

CLOSED-END FUNDS

A closed-end fund, legally known as a closed-end investment company, is one of three basic types of investment companies  The two…

5 years ago

CLEAN SHARES

A class of fund shares without any front-end load, deferred sales charge, or other asset-based fee for sales or distribution.  A broker…

5 years ago