Market Index Target Term Securities

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Definition: Market Index Target Term Securities

Market Index Target Term Securities

Quick Summary of Market Index Target Term Securities

Unsecured debt obligations issued by Merrill Lynch, Co., which may or may not earn an investor a return, but still require the investor to pay taxes on the securities. MITTS do guarantee the original amount invested, so investors can receive that back even if no other return is yielded. MITTS may also pay a percentage of any appreciation acquired during the maturity period.

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Synonyms For Market Index Target Term Securities

MITTS

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April 23, 2024 https://payrollheaven.com/define/market-index-target-term-securities/.
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Market Index Target Term Securities. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/market-index-target-term-securities/ (accessed: April 23, 2024).
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Market Index Target Term Securities. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/market-index-target-term-securities/

Definition Sources

Definitions for Market Index Target Term Securities are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.