Net investment income per share

Definition:

Income received by an investment company from dividends and interest on investments less administrative expenses, divided by the number of outstanding shares.

Investing Essentials


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

Term of the Day

Underwrite

To guarantee, as to guarantee the issuer of securities a specified price by entering into a purchase and sale agreement. To bring securities to market.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio