Author: todorm

A bond that has its owner’s name and contact information recorded with the issuing entity, ensuring coupon payments are correctly distributed.

The process where an issuer refinances by retiring outstanding bonds with new bonds, usually to reduce financing costs.

A preliminary prospectus filed by a company with the SEC, usually in connection with its initial public offering.

A notice in a form approved by the company by which a holder of public shares is entitled to require the company to redeem its public shares, subject to any conditions contained therein.

A fee charged to an investor when shares are sold from a fund.

The date on which a bond matures or gets redeemed.

The process where an investor sells mutual fund units back to the mutual fund.

The repayment of a fixed-income security on or before its maturity date.

The last date on which shareholders are eligible to receive a dividend or distribution.

Realised gains – when an asset is sold for more than its buying price. Realised losses – when an asset is sold for less than its buying price.