Cost company arrangement
Arrangement whereby the shareholders of a project receive output free of charge but agree to pay all operating and financing charges of the project.
Group of Ten
A group of the ten major industrialized countries whose mission is to create a more stable world economic trading environment through monetary and fiscal policies. The ten are Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, the United Kingdom, and the United States.
Dividend income
Distribution of earnings to shareholders that may be in the form of cash, stock, or property. Mutual fund dividends are paid out of income, usually on a quarterly basis, from interest generated by a fund's investments. Also known as a dividend distribution.
Mark Berch:Shut out the book
Used for listed equity securities. Exclude a public bid or offer from participation in a print.
Public Utility Holding Company Act of 1935
Legislation intended to eliminate many holding company abuses by reorganizing the financial structures of holding companies in the gas and electric utilityindustries and regulating their debt and dividend policies.
Pension plan
A fund that is established for the payment of retirement benefits. Mark Berch
Liquidity Fund
A California company that buysreal estatelimited partnershipinterests at 25% to 35% lower than the current value of the real estate assets.
