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This waiver and/or reimbursement may not be terminated prior to April 30, 2019 except with approval of the Fund's Board of Trustees.Estimated 3-5 Year EPS Growth Based on the underlying holdings of the fund.While businesses can liquidate assets to free up cash even in the absence of financial hardship, asset liquidation in the business world is mostly done as part of a bankruptcy procedure.When a company fails to repay its creditors due to financial hardship and prolonged losses in its operations, a bankruptcy court may order a compulsory liquidation of the business assets if the company is found to be insolvent.Includes direct email addresses and key principals with biographies.
My hope is that you will walk away with a greater understanding of the terminology so you feel more confident researching potential investments.
One of the toughest parts of beginning your journey as an investor is encountering terms that you don't understand.
It can seem overwhelming in the beginning but, like anything, once you get the hang of it, you realize there was no reason to be intimidated.
As said earlier, not all liquidation is as a result of insolvency.
A company may also undergo a voluntary liquidation, which occurs when shareholders of the company elect to wind down the company.