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Bank of America Merrill Lynch
Industry: Financial services
Number of terms: 10107
Number of blossaries: 0
Company Profile:
For purposes of the New Issue Questionnaire, institutional type account includes, in addition to any bank, thrift institution, insurance company or investment advisory firm, any investment company, hedge fund, investment partnership, investment corporation, or investment club.
Industry:Financial services
Fund invests in high quality financial instruments rated in top 2 grades w/ dollar-weighted average maturities < 90 days. Requires high minimum investments & has lower total expense ratios relative to other MM funds. These funds intend to keep a constant Net Asset Value(NAV).
Industry:Financial services
Fund invests in municipal obligations w/ dollar-weighted average maturities of less than 90 days. Funds require high minimum investments, have lower total expense ratios relative to other money market funds, intend to keep a constant NAV.
Industry:Financial services
A bond in which the issuer has an insurance policy guaranteeing payment of the issue, should the issuer default.
Industry:Financial services
The person whose life is insured under an insurance policy.
Industry:Financial services
Bonds in which the principal and interest are insured by an insurance company. Either the issuer or the dealer can have the bonds insured.
Industry:Financial services
Fund that invests at least 65% of its assets in municipal debt issues insured as to timely payment. These Funds can be leveraged via use of debt, preferred equity, and/or reverse repurchase agreements.
Industry:Financial services
Fund invests at least 65% of assets in municipal debt issues insured as to timely payment.
Industry:Financial services
An automated voice response system which enables employee benefit plan participants with touch-tone phones to access account information 24 hours a day, 7 days a week.
Industry:Financial services
The cost of using money. A borrower pays interest to a lender, usually a percentage of the loan amount.
Industry:Financial services