Conservatorship

Definition:

An enentity either set up by the government or by court order that takes control of an organization that is unable to function on its own (due to legal or financial distress). See: Convservator

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Relative yield

Often refers to a yield on a security relative to the yield on a benchmark security (i.e. a ratio). It is more common to consider a yield spread which is just the difference in two yields.

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