Examlex
Most groups exhibit a structure called a ________ in which some members are somehow better off than others in terms of authority, power, or respect.
Closed-end Funds
Investment funds that have a fixed number of shares which are not redeemable from the fund. Instead, the shares can be purchased or sold only in the market, at their current market price.
Unit Investment Trusts
An investment company offering a fixed portfolio of securities in a one-time public offering, with units redeemable on demand.
Short-selling
The practice of selling securities or other financial instruments that are not currently owned, with the intention of repurchasing them later at a lower price.
120/20 Fund
A type of mutual fund that employs a long/short strategy, allowing it to invest 120% in long positions and -20% in short positions.
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