Examlex
When refusing a claim, use neutral, ___________________ language instead of using "you" statements that place blame on the customer.
AUM
Assets Under Management, the total market value of investments managed by a person or entity on behalf of clients.
Redemption Notices
Notifications sent to holders of a financial instrument about the early redemption or buyback of the instrument before its maturity date.
Lock-Up
A period following an initial public offering (IPO) where major shareholders are restricted from selling their shares, often lasting from 90 to 180 days to prevent market flooding.
Redeem Funds
Redeeming funds refers to the process of exchanging a mutual fund, or other type of investment fund shares, for cash or for its underlying assets' worth.
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