Author: todorm

A regulating body that creates policies ensuring fair practices in the municipal trade industry.

Debt issued by state and local governments to finance capital expenditures.

А fund that invests in municipal bonds.

А debt security issued by a state, municipality, or county to finance capital expenditures.

A technical analysis indicator that helps smooth out price action by filtering out the “noise” from random price fluctuations.

Debt instruments that give the owner the unconditional right to receive a stated, fixed sum of money on a specified date.

A mutual fund that invests in high-quality, short-term debt instruments and cash equivalents.

Trading in very short-term debt investments. They are characterized by a high degree of safety and low rates of return.

When a security sells at a price less than the preceding sale

A partial ownership stake in a company where the majority of shares are controlled by a larger company.