Examlex
Write the equation of the ellipse with foci at (4, 2) , (6, 2) , and b = 2.
Tax Liability
The total amount of tax that an individual or corporation is legally obligated to pay to an authority as the result of the occurrence of a taxable event.
Trading Costs
Expenses associated with buying and selling securities, including commissions, spreads, and fees.
Open-end
A type of mutual fund that does not have a fixed number of shares and can issue new shares or redeem existing shares at any time based on investor demand.
Net Asset Value
The per-share value of a mutual fund or exchange-traded fund, calculated by dividing the total value of all securities in the portfolio by the number of shares outstanding.
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