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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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Management Company

Management Company – Any firm that specializes in the general administration of a given mutual fund. It will include the particulars needed to provide and facilitate all aspect of managing that funds needs. The extent of the services that will be available will be tailored to that given firm’s situation. This term does have a broader application to a wide variety of industries. It can relate to any situation where a firm takes over the leadership role of a given fund or enterprise. Naturally to properly manage the given fund also requires supervision of it many different aspects, which may vary from one situation to another.

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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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