Back-up

(a) When bond yields and prices fall, the market is said to back-up. (b) When an investor swaps out of one security into another of shorter current maturity he is said to back up.

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Prospectus

Formal written document to sell securities that describes the plan for a proposed business enterprise, or the facts concerning an existing one, that an investor needs to make an informed decision. Prospectuses are used by mutual funds to describe the fund objectives, risks and other essential information.


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