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Stocks

Open-End Investment Fund

An open-end fund is a type of investment fund that consistently offers its securities to potential investors and is always prepared to buy back its securities. These securities are traded based on the fund's net asset value (NAV), which is calculated at the end of each business day. This type of fund includes traditional mutual funds and exchange-traded funds (ETFs).

Best-Efforts Underwriting

Let's discuss a form of underwriting known as agency underwriting. In this scenario, an investment firm serves as a middleman, agreeing to make its best efforts to sell a ne...

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Equity Financing

As we delve into the world of finance, it is important to understand the concept of market value. In the context of securities, this refers to the dollar value of those issu...

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Registered Traders

A financial expert hired by a securities company to ensure sufficient liquidity in the securities market. This is achieved by actively bidding or offering for specific secur...

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Good For the Day

A buy or sell limit order is a type of order that will only be executed if the specified price is reached. This order will expire at the end of the trading day if it is not ...

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