Examlex
The adjusted basis of property received in a like-kind exchange can be calculated by taking the FMV of the property received less the gain postponed (plus loss postponed).
Investment Horizon
Investment horizon refers to the total length of time that an investor expects to hold a security or a portfolio.
Promised Yield
The return that a bond issuer indicates to the bondholder that will be received, factoring in the interest rate and the term.
Cash Flow Matching
A strategy of investing in such a way that cash flows from the investments will meet the investor's outflows when needed, often used in pension planning and managing corporate finances.
Active Bond Portfolio
A portfolio of bonds managed with the intention of outperforming the market through various strategies, such as sector rotation and duration management.
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