GLOBAL FUND Definition

Bookmark and Share

GLOBAL FUND is a (mutual) fund that can invest in companies located anywhere in the world, including the home country, e.g. the United States. Whereas, an International Fund is a (mutual) fund that can invest only outside the home country.

Learn new Accounting Terms

BOND INSURANCE is insurance purchased by bond issuers to guarantee the timely payment of principal and interest, primarily for municipal bond issues. The Municipal Bond Investment Assurance Corp. (MBIA), Federal Guarantee Insurance Corp. (FGIC) and AMBAC Indemnity Corp. (AMBAC) are among the largest insurers. Insured bonds are rated AAA.

DEFENSE INTERVAL see BASIC DEFENSE INTERVAL.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.