Exchange fund

An investment which enables individuals who have significant holdings in a Single stock to diversify without incurring Capital gains taxes, by letting them Exchange their stock for shares in a diversified Portfolio.

Related Terms: 13 Capital, Cap, Capital gains tax, Exchange, FICA, Heir, Inc., Portfolio, RSI, Ring, Share, Single, Tax

Other Related Pages: Category: Taxes Starting With: E

Additional Related Terms: 10-K, 1035 exchange, 19c3 stock, Allowance for depreciation, After-tax basis, American Stock Exchange, All or any part, Accumulated earnings tax, Adjustable rate preferred stock, American Depositary Share