The Public


Individual investors who trade single securities independently or invest in intermediaries such as mutual funds, as opposed to professional investors.

Investing Essentials

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

Term of the Day

Commission-only compensation

Payment to a financial advisers of only commissions on investments purchased when the client implements the recommended financial plan.

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

Create your free portfolio