please define a "master fund"
glossary FAQ: glossary.
Q. N. From Albany, United States
01 April, 2010
"master fund " is In general, an investment vehicle that enables individual investors to invest money into one or more underlying investments that are operated by professional managers.
Master funds can generally be categorized into three types: discretionary funds, fund of funds, or feeder funds. With this last type, shares would be sold to the public only by the feeder fund, but invested through the corresponding master fund. Visit UFX bank
do you know what a "growth recession" is?
glossary FAQ: glossary.
Z. Montoya from Vaduz, Liechtenstein
15 July, 2009
An expression coined by economists to describe an economy that is growing at such a slow pace that more jobs are being lost than are being added. The lack of job creation makes it "feel" as if the economy is in a recession, even though the economy is still advancing.
Many economists believe that between 2002 and 2003, the United States' economy was in a growth recession. In fact, at several points over the past 25 years the U.S. Economy is said to have experienced a growth recession. That is, in spite of gains in real GDP, job growth was either non-existent or was being destroyed at a faster rate than new jobs were being added. Visit Dukascopy
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