* Site-Outage Notice: Our engineering elves will be tweaking the Shmoop site from Monday, December 22 10:00 PM PST to Tuesday, December 23 5:00 AM PST. The site will be unavailable during this time.
© 2014 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.



The money-whisperer. The folks who actually manage the money. Perhaps oddly, in a mutual fund for example, the distribution company (which was responsible for bringing in the dough to manage) hires and fires the investment advisors or managers. The hot shot portfolio managers actually work FOR the people pouring coffee for the stock and fund brokers.