Examlex
The ________ is the market value of the securities that a mutual fund has purchased minus any liabilities.
Book Value
The net value of a company's assets minus its liabilities, as shown on its balance sheet, often used to estimate the company's value.
Shares Outstanding
The total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors.
Premium
An amount paid for an insurance policy, reflecting the cost of carrying the insurance coverage.
Tender Offer
involves a company or individual making a public offer to purchase some or all of shareholders' shares in a corporation at a specified price for a certain period.
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