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Tip of the Day Bank Fees Are For Suckers

Bank Fees Are For Suckers - Today, although they are harder to find, there are banks out there that will provide you your banking services with no checking fees or...

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Preference Shares

Preference Shares - A higher ranked common stock. Usually preference shares do not have voting rights. However, when a company decides to pay out dividend, preference shares are paid before common shareholders are paid. Preference shares are also carrying an option to be changed into common stock. In case when a company faces bankruptcy, holders of preference shares are paid in assets of the company after the debt holders, and before the common share holders. Often preface shares are carrying a par value... the dividend is usually a percentage of this par value, or a fixed value. Often dividend rights are cumulative.

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Definition of the Day Incubated Fund

Incubated Fund - It is a type of mutual fund that is managed first as a private fund and only later, after they are successful period lasting from four to as many as twenty years, it is opened to the public for a investment option. A few select investors initially...

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