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Tip of the Day

Tip of the Day Buy Homeowner and Auto Coverage from the Same Insurer

Buy Homeowner and Auto Coverage from the Same Insurer - When purchasing insurance it is always wise to take out all your insurance needs through one insurance company, agent, as...

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Asking Price

Asking Price - The asking price is the same as the asked price, which is the lowest price any investor or dealer is willing to sell a certain security or commodity for. This doesn't include over the counter securities as they usually cannot make the listing requirements to be offered on the stock exchange. For mutual funds, the asking price is the net asset value and any additional sales charges; this is also called the asked price or offering price. These are generally the lowest price a market maker, bank or company, will take on the offered stock.

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Daily Definition

Definition of the Day Z Shares

Z Shares These shares are offered to employees of the company of the fund and in many cases, are used as a bonus for these employees. In some cases, the employee will be given Z share options, rather than monetary bonuses or they can also be given...

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