A/D is a stock market technical tool used by investors to measure the total of differences between advances and declines of security prices.
Category: Business Law
Account
The term “account” generally refers to a statement of indebtedness for goods or services from one person or entity to another.
AAA Rating
“AAA” is the highest rating that bond rating agencies can give on bonds.
12B-1 Fees
12B-1 Fees refer to fees that mutual funds are permitted to collect in order to promote, sell, or perform other activities related to the distribution of their shares. The law requires that such fees must be reasonable (a maximum of 1% of a fund’s average net assets per year). Reference Desk U.S. Securities & Exchange […]