European Union (EU)
What is the European Union (EU)? The European Union (EU) is a unified international organization that governs the economic, political, and social policies of 27 member states. Originally formed with the desire to achieve peace in Europe, current EU policies are tailored to ensure the free movement of people, goods, services, and capital among its...
Cross Holding
What is Cross Holding? Cross holding, also referred to as cross shareholding, describes a situation where one publicly-traded company holds a significant number of shares of another publicly-traded company. The shares owned of the second publicly-traded company are referred to as a cross-holding of the first company. Cross holdings present potential valuation problems for financial...
Historic Pricing
What is Historic Pricing? Historic pricing is a method used to determine the net asset value of a fund or other financial instruments by making use of a preceding valuation point. This allows investors to know the price they will buy or sell the fund at, which can be calculated at the end of the...
Foregone Earnings
What are Foregone Earnings? Foregone earnings are potential earnings that could’ve been achieved but are absent due to charged fees, expenses, or lost time. An example is the investment costs incurred by an investor paying fees such as management fees for a mutual fund or exchange-traded fund (ETF) investment or commissions to a stock brokerage...
Stockbroker
What is a Stockbroker? A stockbroker is a regulated representative of the financial market who enables the buying and selling of securities on behalf of financial institutions, investor clients, and firms. A stockbroker is also called a registered representative or a broker. The trading or purchase or sale of stocks on the national stock exchanges...
