Stop payment

Definition:

An order given a depository institution not to pay out cash for a check; often used when the check has been stolen or lost.

Investing Essentials


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

Term of the Day

Mutual fund theorem

A result associated with the CAPM, asserting that investors will choose to invest their entire risky portfolio in a market-index or mutual fund.

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


Create your free portfolio