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Meaning / Definition of
Tax-managed Mutual Fund
Categories: Mutual Funds, Tax,
mutual funds that seek to offer shareholders the least amount of tax liability, through investments in securities like municipal bonds and stocks that do not pay dividends. Stocks of a mutual fund are generally held for more than a year.
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Definition / Meaning of
Home Equity
Categories: Credit and Debt, Real Estate, Legal, ,
The current market value of a house minus how much is owed on it. A home equity loan borrows against this amount.
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