WORD OF THE DAY: DUAL INDEX NOTES - A type of structured note in which the securities with coupon rates that are determined by the difference between two market indexes. These bonds often have a fixed coupon rate for a brief period foll ... More
1. ) Those assets of a company that are reasonably expected to be realized in cash, or sold, or consumed during one year. These include cash, U.S. Government bonds, receivables and money due usually within one year, and inventories.
Fund Letters
