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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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Pre-Sold Issue

Pre-sold issue - An issue of securities that is sold, before the details of the new issue are released to the market. The issue can be offered for sale by a company or by the government. In the case of a company for instance, preferred stock owners can be invited to buy more stock, before others have the opportunity to buy stock. In that case a company is able to get the funds they need in a quicker way. The stock market is not involved in a pre-sold issue; as the issue already has been sold. It might even save costs for the company to pre-sell stock issues.

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Definition of the Day Enhanced Index Fund

Enhanced Index Fund - an enhanced index fund is strategy term employed to outperform traditional indexing. The fund is aimed at an index (an indicator, representing the value of a security) but the fund is also attempting to boost returns by staying clear of the index in order to...

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