Examlex
What is transference?
Lock-up Restrictions
Contractual limitations on the sale of securities, typically imposed on company insiders following an initial public offering.
Less Liquid
A term describing an asset that cannot be quickly sold or converted into cash without significant loss of value.
More Liquid
Describes an asset or market that allows for assets to be bought or sold quickly without significantly affecting the asset's price.
Front-end Commission
A fee paid when purchasing shares of a mutual fund, upfront, which reduces the amount invested from the start.
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