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DEFINITIONS - It is common to be unsure or confused about the terms used in the financial industry. We have included several definitions we hope clarify your understanding before you invest. Click on a letter below which is the same as the first letter of the term you wish to define:
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  H  
     
  HANG SENG – the primary stock exchange index in Hong Kong, China  
     
  Hardship – a distribution that is on account of an immediate and heavy financial need and must be necessary to satisfy that financial need  
     
  Highly Compensated Employee (HCE) – an employee who (1) during the current or preceding year, is or was a more than 5 percent owner, or (2) received compensation in excess of the specified dollar limit for the preceding year  
     
     
     
     
     
     
     
     
     
     
     
     
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