This is most common in mutual funds and annuities and is designed to discourage withdrawals. Back-end loads generally decline for each year the individual remains in the fund or contract. Also see front-end load and low load . A provision which may be contained in annuity contracts that enables the owner of the annuity to surrender the contract without penalties, if the declared interest rate falls below a predetermined level. This financial report shows the status of a company's assets, liabilities and stockholder equity on a given date, usually at month or year end.
Assets are equal to liabilities plus stockholder equity.
These arrangements usually involve international trade financing such as import-export transactions. Also see bull market . This report summarizes the information compiled by the Federal Reserve Bank regarding current economic conditions in its twelve districts through reports from bank and branch directors. The report is published eight times each year and covers general economic, employment, wage, housing, retail and manufacturing trends and outlooks. The performance of a predetermined group of securities for comparative purposes.