Super Finance Glossary

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Over 10,000 financial glossary terms...

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Glossary term Mean return : Expected return
Glossary term Roth IRA: Individual Retirement Account that allows contributors to make annual contributions and to withdraw the principal and earnings tax-free under certain conditions. Maximum annual contributions are $3,000 per year (phasing up to $4,000 per year in 2005 and $5,000 per year in 2008.
Glossary term Pension sponsors: Organizations that have established a pension plan.
Glossary term Same-day substitution: Offsetting changes in a margin account during the day that result in no overall change in the balance of the account.
Glossary term Functional currency: As defined by FASB No. 52, an affiliate's functional currency is the currency of the primary economic environment in which the affiliate generates and expends cash.