Equity indices that were introduced in 1993 as a way for investors to buy into a liquid, transparent, and diverse basket of stocks while paying less than for a mutual fund. The shares are priced in real time, tracking the value of their underlying index, and can be held as long-term investments, flipped for a quick profit or sold short to hedge equity risk.
Electronic Transfer Funds (ETFS)
| Accounting Dictionary: Electronic Transfer Funds (ETFS) |
| 5min Related Video: Electronic Transfer Funds (ETFS) |
Learn More
 | Bond Electronic Transfer Funds (ETFS) (in accounting) |
Help us answer these
 | What is the difference between Electronic Funds Transfer and Automatic Funds Transfer? |
| What are the components of electronic fund transfer? |
| Is a wire transfer and an electronic fund transfer the same? |
Post a question - any question - to the WikiAnswers community:
Copyrights:
 |
 | Accounting Dictionary. Dictionary of Accounting Terms. Copyright © 2005 by Barron's Educational Series, Inc. All rights reserved. Read more |
