The estimated amount of interest that would be received upon a sale. In most cases, it is calculated from the date of the last coupon payment up through the closing date of the account statement.

What a firm or individual owns.

An investment strategy that divides assets among major asset categories such as stocks, bonds, or cash, usually balancing risk and creating diversification.

A sales charge levied when mutual fund units are redeemed.

A mutual fund that holds a mix of securities – usually money market, bonds and equities. The relative balance of these securities can be changed to take advantage of phases in the economic cycle.

A financial statement showing the nature and amount of a company's assets, liabilities and shareholders' equity.

A market in which prices are generally falling.

The bid price is the highest price anyone is willing to pay to buy a stock; while the ask is the lowest anyone will accept to sell a stock. Together, the bid and ask prices are referred to as a " [..]

A long-term debt instrument with the promise to pay a specified amount of interest and to return the principal amount on a specified maturity date.

A mutual fund whose portfolio consists primarily of bonds.