Examlex
__________ described a type of organization that functions in a machine-like manner to accomplish the organization's goals in a highly efficient manner.
Expense Ratio
A measure of what it costs an investment company to operate a mutual fund, expressed as a percentage of the fund's assets.
Gross Return
The overall yield from an investment prior to subtracting any charges or costs.
Lockout Period
A timeframe during which employees are prohibited from making changes to their retirement or investment plans.
Shares Outstanding
The total number of a company's shares that are currently owned by shareholders, including those held by institutional investors and corporate officers.
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