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Margin – buying a stock or bond on borrowed funds. The margin is the amount the customer puts up |
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Market Price – the latest price of a security (or other asset) in the market where the security (or other asset) is traded |
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Match – the portion of a participant’s retirement account which has been contributed by the employer and is linked to an elective deferral contribution |
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Maturity – the date when a debt obligation is due to be repaid |
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MERVAL – the primary stock exchange index in Buenos Aires, Argentina |
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Money Purchase Pension Plan – a defined contribution plan under which the employer is subject to minimum funding requirements. Contributions are usually based on each participant’s compensation |
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Money Market Fund – a mutual fund that aims at maximum safety, high liquidity, and (usually) a constant price for its shares, including certificates of deposit (CDs), commercial paper, and Treasury Bills (T-Bills) |
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Municipal Bond – a bond issued by a state or local government. The interest is usually exempt from federal income tax |
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Mutual Fund – an investment that pools the funds of many investors to provide them with professional management, diversification, and other advantages |
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