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• See Intermarket Trading System.

 
 Embedded terms in definition
 Intermarket trading system
Trading
 
 Referenced Terms
 12b 1 fees: The percent of a mutual fund's assets used to defray marketing and distribution expenses. The amount of the fee is stated in the fund's prospectus. The SEC has recently proposed that 12B-1 fees in excess of 0.25% be classed as a load. A true no load fund has neither a sales charge nor 12b-1 fee.Are charges assessed against an individual's mutual fund holdings for marketing and distribution expenses.A provision of the Investment Company Act of 1940 that allows a Mutual Fund to collect a fee for the promotion, sale, or other activity connected with the distribution of Its shares. The fee must be reasonable (typically 1/2 to 1% of net assets managed), up to a maximum of 8.5% of the offering price per share.

 Accounting earnings: Earnings of a firm as reported on Its income statement.

 Accounts payable management: Management by the firm of the time that elapses between Its purchase of raw materials and its mailing payment to the supplier.

 Act of state doctrine: This doctrine says that a nation is sovereign within Its own borders and its domestic actions may not be questioned in the courts of another nation.

 Agency bank: A form of organization commonly used by foreign banks to enter the U.S. market. An agency bank cannot accept deposIts or extend loans in its own name; it acts as agent for the parent bank.A form of organization commonly used by foreign banks to enter the U.S. market. An agency bank cannot accept deposIts or extend loans in its own name; it acts as an agent for the parent bank. Term often used on the Street to refer to both foreign bank agencies and branches.

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What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

Many a man has finally succeeded only because he has failed after repeated efforts. If he had never met defeat he would never have known any great victory. - Orison Swett Marden

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