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Dictionary of Finantial and Business Terms part 2

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Balanced fund An investment company that invests in stocks and bonds. The same as a balanced mutual fund.Balanced mutual fund This is a fund that buys common stock, preferred stock and bonds. The same as a balanced fund.Balloon maturity Any large principal payment due at maturity for a bond or loan with or without a a sinking fund requirement. BAN (Bank anticipation notes) Notes issued by states and municipalities to obtain interim financing for projects that will eventually be funded long term through the sale of a bond issue.Bane In the words of Warren Buffet, Bill Bane Sr., is,...
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Dictionary of Finantial and Business Terms part 2

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