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hedge fund
hedge fund in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" positions (borrowing mon...
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UNICEF
UNICEF , the United Nations Children's Fund , an affiliated agency of the United Nations. The term UNICEF is an acronym for the original name of the agency, the United Nations International Children's Emergency Fund.
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money-market fund
money-market fund type of mutual fund that invests in high-yielding, short-term money-market instruments, such as U.S. government securities, commercial paper , and certificates of deposit. Returns of money-market funds usually parallel the movement of short-term interest rates. Some funds buy o...
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sinking fund
sinking fund sum set apart periodically from the income of a government or a business and allowed to accumulate in order ultimately to pay off a debt. A preferred investment for a sinking fund is the purchase of the government's or firm's bonds that are to be paid off. Usually the fund is administe...
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Ferdinand Marie Lesseps, vicomte de
Ferdinand Marie Lesseps, vicomte de , 1805-94, French diplomat and engineer. He entered the consular service in 1825 and was minister to Spain (1848-49). Later, while serving in Egypt, he conceived the idea of a Suez Canal , and in 1854 he obtained from Said Pasha, viceroy of Egypt, the concession ...
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mutual fund
mutual fund in finance, investment company or trust that has a very fluid capital stock. It is unique in that at any time it can sell or redeem any of its outstanding shares at net asset value (i.e., the price of a share equals total assets minus liabilities divided by the total number of shares). ...
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United Nations Children's Fund
United Nations Children's Fund (UNICEF), an affiliated agency of the United Nations. It was established in 1946 as the United Nations International Children's Emergency Fund. UNICEF is concerned with assisting children and adolescents throughout the world, particularly in devastated areas and devel...
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International Monetary Fund
International Monetary Fund (IMF) An international organization established in 1947 to enhance stability and convertibility in the international monetary system. The Fund assists any member experiencing short-term balance of payments difficulties by supplying the amount of foreign currency it wishe...
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World Wildlife Fund
World Wildlife Fund (WWF), international organization formed to raise money for conservation projects, est. 1961. The international organization, believing that its name no longer reflected the scope of its activities, became the Worldwide Fund for Nature in 1986, but the affiliated groups in the...
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fund-raising
fund-raising large-scale soliciting of voluntary contributions, especially in the United States. Fund-raising is widely undertaken by charitable organizations, educational institutions, and political groups to acquire sufficient funds to support their activities. Among the methods used are door-to-...
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