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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Advisor

Definition:

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.

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