Funds
101fund of funds — USA An investment fund that invests in other investment funds rather than investing in stocks, bonds or other securities directly. Fund of funds are managed by mutual funds, hedge funds, private equity funds and investments trusts, each with a… …
102Clearing House Funds — Money that passes between Federal Reserve Banks in the form of personal or business checks prior to approval of credit. These funds are in the process of clearing and reconciliation through a central processing mechanism. Because of this, they… …
103Cost Of Funds — The interest rate paid by financial institutions for the funds that they deploy in their business. The cost of funds is one of the most important input costs for a financial institution, since a lower cost will generate better returns when the… …
104Fund Of Funds — A mutual fund that invests in other mutual funds. This method is sometimes known as multi management . A fund of funds allows investors to achieve a broad diversification and an appropriate asset allocation with investments in a variety of fund… …
105Same-Day Funds — Money that can be transferred or withdrawn the same day that it is deposited. Same day funds are subject to the net settlement of accounts between the banks that present and remit the funds. Most customer deposits are not same day funds and are… …
106client security funds — State funds that compensate clients of attorneys who have stolen their money. Monies for these funds come from attorney registration and bar association fees. Dictionary from West s Encyclopedia of American Law. 2005. client security funds …
107flow of funds — In the context of municipal bonds, refers to the statement displaying the priorities by which municipal revenue will be applied to the debt. Bloomberg Financial Dictionary In the context of mutual funds, refers to the movement of money into or… …
108long-term funds — ➔ fund1 * * * long term funds UK US noun [plural] FINANCE ► money that has been borrowed for a period of ten years: »Venture capitalists provide equity and other types of long term funds to unlisted companies. → Compare SHORT TERM FUNDS(Cf …
109short-term funds — ➔ fund1 * * * short term funds UK US noun [plural] FINANCE ► money that has been borrowed for a short time, usually less than five years: »Borrowers are often businessmen seeking to raise short term funds to clinch deals. → Compare LONG TERM… …
110Allowance for Funds Used During Construction — (AFUDC) Construction activities may be financed from internally generated funds (primarily earnings retained in the business), or from funds provided by other external sources (short and long term debt). The allowance for funds used during… …
