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Exchange-Traded Fund (ETF)
An exchange-traded fund (ETF) is a security that tracks an index, commodity, or basket of assets that resembles an index ...
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Top Searched Definitions
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Cyber Monday
Cyber Monday is the Monday following Thanksgiving (U.S. observed), representing the day online retailers offer deep discounts. -
What's the difference between Berkshire Hathaway's Class A and Class B shares?
Price is the primary difference between Berkshire Hathaway's Class A stock and Class B stock, but there are other distinctions. ... -
Line of Credit (LOC)
A line of credit (LOC) is an arrangement between a financial institution, usually a bank, and a customer, that establishes ... -
Certificate of Deposit - CD
A certificate of deposit (CD) is a savings certificate entitling the bearer to receive interest. -
Extra Dividend
An extra dividend is a one-time special dividend that a company pays to shareholders in addition to its regularly scheduled ... -
Spousal IRA
A spousal IRA is a strategy that allows a working spouse to contribute to an IRA in the name of a non-working spouse to circumvent ... -
Traditional IRA
A traditional IRA (individual retirement account) allows individuals to direct pretax income toward investments that can ... -
Late Fee
If an account holder does not make a minimum payment by a required due date, he or she may be subject to a late fee. -
Cash Advance
A cash advance is a service provided by credit card issuers that allows cardholders to immediately withdraw a sum of cash, ... -
Over-Limit Fee
Credit card companies can charge over-limit fees as penalties if cardholders spend beyond the limits of their credit. -
Cash Back
Cash back often refers to a benefit that pays the credit card holder a small cash reward for each purchase. -
Co-branding
Co-branding is a marketing strategy that utilizes multiple brand names on a good or service as part of a strategic alliance. ...
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