A portfolio that mostly invests in bonds with medium maturity rates. Smaller amounts are invested in small and long maturity bonds. When graphed it lookes like a bell. Refer to barbell shaped

When a securities price changes are an indicator of the market.

Cargo placed under the main deck of an aircraft or ship. Refer to deck cargo.

The intermediate maturities of the YIELD CURVE, generally considered to include the three to sevenyear sector. See also LONG END, SHORT END.

A failed venture, or a company that has filed for VOLUNTARY BANKRUPTCY or INVOLUNTARY BANKRUPTCY

Acknowledging an expense when it is incurred. When paid the tranaction is recorded.

A rate that is less than the commercial bank lending rate. They are offered to the low or moderate income customers.

A security that sells below par value. It is discounted. The face value is 100 and the discount is a factor of 100. AKA at a discount.

1. items not in the account total. They have no effect on gain or loss in the period. 2. using promotional methods that the marketer controls. No commission is earned by the

A bank that is cautios about lending. Risk is avoided with redundant safety procedures.

The least amount accepted on nongovernment stocks by an investor.

An individual who financially assists another individual, such as someone who contributes to charitable organizations, or a family member that provides cash to another family member for school, etc.

When an owner of a property can use it before all the construction is completed.

The actual owner of securities and the rightful recipient of the benefits accorded; the beneficial owner is often different from the title holder (generally a financial institution holding the securities on behalf

When a premium is paid once a year for a pension plan. It buys a single benefit. An annuity is purchased.

The expected outcomes of an available or proposed alternate to a plan.

The way benefits are calculated for insurance in a pension plan.

The right to get annuity payments as long as the party lives.

The period money or benefits are paid to the insured or their dependents.

A tax idea that parties that benefit more from government expenditures pay more taxes to support that very expenditure fund. Refer to ability to pay principle.