Terms

Purchase Fund Definition, Types and Benefits

Some bond indentures and preferred stock have a feature called a "purchase fund" that forces the issuer to try to…

Finance Guide

Understanding the Significance of an Aa2 Credit Rating

Moody's gives fixed-income assets, like bonds, that are of high quality and have very low credit risk the third-highest long-term…

Finance Guide

Cherry Picking Definition, Types and Examples

Both professional and individual investors engage in cherry picking. Cherry-picking can help investors select the best stocks, but it can…

Finance Guide