target fund A specialized self-liquidating mutual fund that invests in bonds maturing around a specific date. After the last maturity, the fund distributes its assets to the owners and ceases business. The limited life of the fund makes it much like a unit trust except that the portfolio is...
Target Fundsthe collectiveinvestment vehiclesinto whichthe Fundis invested into; "VAT"value added tax; Sample 1 Target Fundsmeans those series of theABN AMRO Fundsset forth on the attachedExhibit A-1. Sample 1 Related toTarget Funds Target Assetsmeans the types of assets described under “Busines...
Britannica Dictionary definition of TARGET [count] 1 :something that you are trying to do or achieve We failed to meet/reach this month's salestargets. [=goals] Ourtarget amountfor the fund-raiser is $2,500. They set atarget dateof May 31. ...
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a : to make provision of resources for discharging the interest or principal of b : to provide funds for a federally funded program 2 : to place in a fund : accumulate 3 : to convert into a debt that is payable either at a distant date or at no definite date and that bears a...
Examples ofFunding Targetin a sentence TheFunding Targetis the amount of assets which the Fund needs to hold at the valuation date to pay the liabilities at that date as indicated by the chosen valuation method and assumptions. The Administering Authority has agreed with the Fund Actuary that th...
Target cash balance Optimal amount of cash for a firm to hold, considering the trade-off between the opportunity costs of holding too much cash and the trading costs of holding too little cash. Zero-balance account (ZBA) A checking account in which zero balance is maintained by transfers...
3. (tr) to come to or be at the place of arrival of: to meet a train. 4. to make the acquaintance of or be introduced to (someone or each other): have you two met?. 5. to gather in the company of (someone or each other): the board of directors meets on Tuesday. 6....
TIAA Target-Date Funds Target-date fundsare labeled “lifecycle” funds by TIAA and allow you to invest inmutual funds. You pick a retirement date, and the fund automatically adjusts its mix of high-risk and low-risk investments over time, with the latter increasing as you come closer to ...
Glide path refers to a formula that defines theasset allocationmix of a target-date fund, based on the number of years to the target date. The glide path creates an asset allocation that typically becomes more conservative (i.e., includes more fixed-income assets and fewer equities) as a ...