Examlex
_____ completeness means that every supertype occurrence must be a member of at least one subtype.
Financial Intermediary
An intermediary that buys securities with funds that it obtains by issuing its own securities. An example is a common stock mutual fundthat buys common stocks with funds obtained by issuingshares in the mutual fund.
Financial Assets
Assets that derive value because of a contractual claim, such as stocks, bonds, bank deposits, and mutual funds.
Income Trusts
Investment vehicles that hold income-producing assets and pass on earnings to investors, typically in sectors like real estate, oil and gas, or business.
Double Taxation
A taxation principle referring to income taxes paid twice on the same source of earned income, it occurs most commonly with corporate dividends.
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