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Tip of the Day

Tip of the Day Never Buy The Extended Warranty

Never Buy The Extended Warranty - Most of the time new products automatically come with a ninety-day or one-year warranty, which is during the period most products that are defective,...

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Commingled Fund

Commingled Fund - A Commingled fun is a mutual fund or a common trust fun consisting of various kinds of assets from several accounts united together. The commingled funds asset, mitigate the risk for the investor or shareholder through diversification and reduces the cost of organizing each account separately. The funds were once a breach of trust as dishonest trustees mixed their own funds with the funds of the client. This became complicated to verify. The Federal Reserve Board has permitted bank trust departments to offer commingled accounts to shareholders retirement accounts. To determine the holder of the invested funds ownership is impossible.

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Definition of the Day Participating Preferred

Participating Preferred - Participating Preferred is the capital stock certificates which provide a specific dividend paid that is before any dividend paid to the holders of common stock, and which takes precedence over the common stock in the event of the liquidation. This is a form of financing preferred by...

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