The gross rate of return is the total rate of return on an investment before the of any fees, commissions, or expenses are deducted.
The gross rate of return is the total rate of return on an investment before the of any fees, commissions, or expenses are deducted.
Less than one full share of equity is a fractional share. They may be the result of stock splits, dividend reinvestment plans, or other corporate actions.
Non-cash item describes negotiable instrument, like a check or bank draft, which is deposited but can’t be credited until it clears the issuer's account.