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Tip of the Day Buy Through Your Favorite Airline's Partners Merchant Store

Buy Through Your Favorite Airline's Partners Merchant Store - There are many companies these days who services many of the airlines and offer frequent flier miles, no matter which of...

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Breaking the Buck

Breaking the Buck - A decline below one dollar in the share amount of a money market fund is the breaking the buck phrase. A money market fund share amount may break a dollar if a key component decline happens in the value of the securities owned by the fund. For example, a shareholder borrowing may default on commercial paper held by a fund. Federal regulators projected tightening rules for money-market mutual funds that will require them to hold a reserve of assets that easier to sell and to invest only in the highest quality securities. The funds of financial executives are the mainstay.

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Daily Definition

Definition of the Day Regular-Way Delivery

Regular-Way Delivery This is the standard delivery for securities and has to take place by the third business day following the transaction. If a bond is involved in the transaction, it must occur on the first business day following the transaction. What this transactions entails is for the securities to...

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