Mark Berch:Employment rate
Come in
In the context of general equities, a fall in price.
Value stock fund
A mutual fund that emphasizes stocks of companies whose growth opportunities are generally regarded as subpar by the market. A value stock company often pays regular dividend income to shareholders and sells at relatively low prices in relation to its earnings or book value.
Unsystematic risk
Also called the diversifiable risk or residual risk. The risk that is unique to a company such as a strike, the outcome of unfavorable litigation, or a natural catastrophe that can be eliminated through diversification. Related: Systematic risk.
Mark Berch:Employment rate
The percentage of the labor force that is employed. The employment rate is one of the economic indicators that economists examine to help understand the state of the economy. See also: Unemployment rate.
Floor broker
Member of an exchange who is an employee of a member firm and executesorders, as agent, on the floor. of the exchange for clients.
Interim financing
A short-termloan made to a company on the condition that a takeout will follow with long-term or intermediate financing. Mark Berch
Residual dividend approach
An approach that suggests that a firm pay dividends if and only if acceptable investment opportunities for those funds are currently unavailable.