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Mutual Fund Custodian.



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A mutual fund custodian is an institution that is responsible for safeguarding the assets of a mutual fund. The custodian is typically a large bank or trust company that has been approved by the fund’s board of directors. The custodian’s duties include maintaining records of the fund’s holdings, collecting dividends and interest payments, and executing … Read more

What is cash?



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Cash is a state in which a legal tender is found and that can be used to pay off a public or private debt or comply with a obligation financial The most common way to refer to cash is to talk about money. In business terms, when we speak of cash, we are not referring … Read more