1-Year Target Estimate: Estimated value of a particular stock that has been calculated by an investment expert who has been tracking the performance of the stock or investment product.
12 (b) 1 Fee – A fee charged by a mutual fund to cover the fund’s promotional expenses. In order for a mutual fund to charge this fee, it must inform investors that it charges a 12 (b) 1 fee and must also file it with the SEC.
Ordinary shares: an investment product that allows an investor to buy a share in the capital stock of a public company.
Deleted: when a security is deleted from the NASDAQ.
Dual Listing – This term is used to describe various things, however it is commonly used to describe companies that are listed on both the New York Stock Exchange and the NASDAQ.
Fund Family – This term is used to describe a group of mutual funds that are all managed by the same financial investment company.
Held: when a security is temporarily withdrawn from the market.
IPO Date: IPO stands for Initial Public Offering. This term refers to the date when the public was first able to buy shares in a company.
Long-term profit: A long-term profit is a profit that is made on an investment that is held for more than 12 months.
Short-term profit: A short-term profit is a profit made on an investment that is held for less than 12 months.
Maturity Date: A maturity date is the calendar date on which a bond matures and will pay the holder its full face value.