Category Archives: B – Asuransi Jiwa

billing cycle

The time between billing statements, ussually 28-31 days

bond fund

A mutual fund whose assets are invested primarily in bonds.

bond ladder

An investment strategy that involves purchasing a series of bonds whose maturity dates are staggered to produce a steady stream of potential cash

bond rating

A letter grade assigned by a bond rating agency  that indicates the credit quality of bond issue

Back-end load

A feee a mutual fund charges when an investor sells shares. Also know as a deferred sales charge. An amount charged to an annuity contract owner when she withdraws money from the product. Also know as a surrender charge, and for variable annuities, a contingent deferred sales charge. Contrast with front-end load

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