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Tip of the Day Deal Directly with The Seller

Deal Directly with The Seller - When looking for a home to buy, it is often best to deal with the seller directly and avoid paying real estate agent's fees....

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Dual Purpose Fund

Dual Purpose Fund - A dual - purpose fund is a security created by a closed end investment that offers 2 classes of stock. A closed end stock has a fixed number of shares so it?s not like a typical investment stock. A dual- purpose stock offers two entitlements. One is income, the other is capital appreciation Preferred shareholders receive all distributions for interest income, and dividends. Common shareholders receive only distributions from capital gains on the liquidation date. Preferred shareholder has the firs right to payouts from the fund up to par value. Commons shareholders have the right to the remaining capital of the fund.

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Definition of the Day Depositary Receipt

Depositary Receipt - This represents the ownership of shares of stock certificates and trades in the financial stock markets. It is the buy and sell of the stocks involved with non-United States companies on the United States Stock Exchange. The depositary receipt carries the prices...

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