Corporate income fund (CIF)


A unit investment trust featuring a fixed portfolio of high-grade securities and other investments, usually with monthly distribution of income.

Investing Essentials

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

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Bank anticipation notes (BAN)

Notes issued by states and municipalities to obtain interim financing for projects that will eventually be funded long term through the sale of a bond issue.

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