WORK IN PROGRESS a piece of work that is not yet finished.
SEGREGATED FUND is a pooled investment fund, much like a mutual fund, established by an insurance company and segregated from the general capital of the company. Its chief distinction from a mutual fund is its guarantee that, regardless of fund performance, at least a minimum percentage of the investors payments into the fund will be returned when the fund matures.
FINANCIAL BUDGET is focused on capital expenditures and on a business's budgeted cash position:
Enter a term, then click the entry you would like to view.