INVESTMENT EXPENSE is any cost of investment realized aside from the principal investment itself. For example:, in mutual funds, investment expesne is normally contained within five types of investment costs that must be measured to determine your total investment expense: a. Annual mutual fund expenses (i.e. the expense ratio) b. Front or back end sales loads; c. Portfolio turnover and trading costs for the fund (i.e. bid/ask spread, premium for large block trades, etc.) d. Brokerage commissions; and, e. Other (i.e., wrap account fees, annuity mortality & expense charges, etc.).
MEAN is the measure of central tendency; also called the average. It is calculated by the sum of the data points divided by the number of data points.
THRIFT ASSOCIATIONS is a general term often used for mutual savings banks, savings and loan associations and credit unions.
Enter a term, then click the entry you would like to view.