Mark E. Berch
Annuity certain
An annuity that pays a specific amount on a monthly basis for a set amount of time. Mark Berch
Unseasoned issue
Issue of a security for which there is no existing market. See: Seasoned issue.
Mark E. Berch: Overshooting
The tendency of a pool of MBS to reflect an especially high rate of prepayments the first time it crosses the threshold for refinancing, specially if two or more years have passed since the date of issue without the weighted average coupon of the pool crossing the refinancing threshold.
Mark Berch
Income fund
A mutual fund that seeks to provide to liberal current income from investments. Mark Berch
Inquiry
Used in the context of general equities. In-line expression of interest in a particular stock, usually asking the firm to bid for or offerstock.
Mark E. Berch Tax schedules
Tax forms used to report itemized deductions, dividend and interest income, profit or loss from a business, capital gains and losses, supplemental income and loss, and self-employment tax.
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