原版工商类英文图书StockCentralGlossaryofInvestmentTerms10-10-2007.doc

StockC Glossary of Investment Terms Edited by: Douglas Gerlach Shannan Scarselletta ? Copyright 2007 ICLUBcentral Inc. All rights reserved. ICLUBcentral Inc. 1430 Massachusetts Avenue Cambridge, MA 02138 Customer Support: 617.661.CLUB (617.661.2582) Internet: 1-9 12b-1 fees A provision of the Investment Company Act of 1940 that allows a Mutual Fund to collect a fee for the promotion, sale, or other activity connected with the distribution of its shares. The fee must be reasonable (typically 1/2 to 1% of net assets managed), up to a maximum of 8.5% of the offering price per share. 401(k) plan A tax-deferred defined contribution retirement plan offered by an employer. 403(b) plan A tax-deferred annuity retirement plan available to employees of public schools and certain nonprofit organizations. 52 Week Hi/Low Prices The highest and lowest prices for the stock in the last 52 weeks. A Accounts Payable Money owed by a company and payable within one year. It is listed on the Balance Sheet under Current Liabilities. Accounts Receivable Money owed to a business for merchandise or services sold on an open account. It is found on the Balance Sheet under Current Assets. It is used in analyzing a company’s liquidity. ACE See Analysts Consensus EPS. Acid-Test Ratio See Quick Ratio. Adjusted Basis The value attributed to an asset or security that reflects any deductions taken on, or capital improvements to the asset or security. Adjusted basis is used to compute the gain or loss on the sale or other disposition of the asset or security. Adjusted Gross Income Abbreviated AGI. Sum of Earned Income, net Passive Income, portfolio income, and capital gains. The IRS uses AGI to determine most limitations on credits or deductions in taxes. ADR See American Depository Receipt. Advance/Decline Line A technical analysis tool representing the total of differences between advances and declines of security prices. The advance/decline line is considered the best indicator of market moveme