Examlex
A convergence trading hedge fund is one in which the asset manager positions the portfolio to capitalize on the anticipated impact of a significant corporate event.
Payable Account
An accounting record that shows the total amount of money owed to creditors for goods, services, or loans provided.
Employee Health Insurance
An insurance coverage that provides benefit payments for healthcare services to employees, often paid for wholly or in part by employers.
Retirement Program
A financial plan that provides income to individuals after they have ceased working, often involving contributions from both the employer and employee.
Gross Salary
The total earnings of an employee before any deductions like taxes and retirement contributions.
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