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Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

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Average Price Per Share

Average price per share - An average price per share is a method of determining the taxes that have to be paid on mutual fund redemptions (the return on the principal) or prior to maturity. The simplest explanation for computing the average price per share is to divide the cost of acquiring the shares by the total amount of shares acquired. Computing the average cost per share can appear complicated if the investor has purchased different quantities of shares at varying prices, for example 300 shares at 10.00 a share and 450 shares at 25.00 a share. However, by adding up all the prices and then dividing by all the shares it is much easier. The average price per share will also determine the break-even point for the investor.

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Definition of the Day Exchange Traded Note

Exchange Traded Note - An exchange traded note is also known as an ETN. This is a type of security debt that combines features of a bond and feature of an exchange traded fund. Exchange traded notes can be traded on the NSE, and other such exchanges, but can be...

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