SEC Financial Glossary
What is it? (see Securities and Exchange Commission)Finance Term Definition Added By: Grace
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Financial Term Federal Pell Grant is A federal grant program for needy postsecondary students who have not yet received a baccalaureate or first professional degree; administered by the U.S. Department of Education.Financial Term Cheap is An asset is said to be cheap when it is worth (intrinsic value) more than its market value.
Financial Term Assessed Value is A public tax assessors appraisal of the value of an asset to calculate tax.
Financial Term FM is See Federal Need Analysis Methodology.
Financial Term Mutual Fund is A mutual fund is a pool of money managed by an investment company, which raises money from shareholders and invests in stocks, bonds, options, commodities, or money market securities. A mutual fund offers the advantages of diversification and professional management, for which the investment company charges a fee.