Sovereign Wealth Fund (SWF)

Definition:

Funds owned by sovereign nations that invest the savings of an entire state, foreign exchange reserves, or excess liquidity.

Investing Essentials


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

Term of the Day

Central Counterparty Clearing House

An organization in European countries that helps facilitate trading done in European derivatives and equities market.

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