Examlex
Control systems that monitor and penalize the ethical behavior of salespeople are a useful tool in creating an ethical work environment.
Market Value Weight
An investment strategy that involves constructing a portfolio where each asset is weighted according to its market capitalization.
Open-end Mutual Funds
Investment funds that continually issue new shares and buy back existing shares from investors, without a fixed number of shares.
Guaranteed Rate
A fixed interest rate agreed upon in a financial contract, ensuring that the rate will not change for the contract's duration.
Net Asset Value
The value per share of a mutual fund or ETF, calculated by dividing the total value of all the securities in the portfolio, minus liabilities, by the number of shares outstanding.
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