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What is a "Breakpoint"?
A breakpoint generally refers to a level of investment at which the fee structure changes. For mutual funds, it can mean a level that triggers a reduced sales load.
An investor can either hit the breakpoint at the time of original investment or in some cases can sign a letter of intent to reach a certain investment level and qualify for the reduced fee that way.
There may be multiple breakpoints for an investment, with the fee falling at each one.
What are Some of the Biggest Bankruptcies in Recent History?
Before Lehman Brothers and Bear Sterns, probably the most well-known and publicized bankruptcy was the Enron scandal
How do my IRA Withdrawals Get Taxed During Retirement?
Traditional IRAs, as well as SEPs, SIMPLEs, and 401(k)s are all taxed as income in retirement. Roth IRAs are not taxed
How to use the average directional index in trading
Average Directional Index is a technical indicator which plots the strength of a trend in a security. Trend traders can use the ADX to spot and confirm trends
What is a Warrant?
A warrant is an agreement giving the holder the right to buy (or sell) a certain number of shares of a company
What is an Account Number?
Account Number — Financial Definition
What is Accounts Receivable Subsidiary Ledger?
The Accounts Receivable Subsidiary Ledger is where all of the information related to all Accounts Receivable is reported
What is a foreign fund?
A foreign fund is a mutual fund that invests solely in companies abroad, and does not invest in corporations in the US
What is market breadth?
Market Breadth is a descriptor that is used in several market indicators such as the daily breadth, the A/D Line...
What is Earnings Season?
Earnings season describes not one, but four times in a year, when corporations release their quarterly earnings reports
What is a Decentralized Application?
The Ethereum platform allows developers to use it as a coding environment and distribution network for applications built on the blockchain