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Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Z Shares

Z Shares These shares are offered to employees of the company of the fund and in many cases, are used as a bonus for these employees. In some cases, the employee will be given Z share options, rather than monetary bonuses or they can also be given the option of purchasing shares in the fund. In some cases, employees will purchase a certain number of these shares every year and use them as a retirement fund, which is one of the reasons why Z shares are so popular among employees. They are also good for the institution because it means that additional people are being these shares.

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Definition of the Day Outstanding

Outstanding – the word outstanding in the investment and financial industry means   2 different things.  When talking about outstanding debt, it means the amount of debt not yet paid.  When the word outstanding is used when talking about securities, the word means the amount of funds that is in...

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