Mutual fund that invests in high-yielding and short term money market instruments. These instruments include U.S. Treasury Bills, bank certificates of deposit, and commercial paper. This fund sells its shares to individuals in order to reinvest the money in short-term securities. The income from the money market fund is distributed among shareholders. This fund gives an outlet for individuals to diversify their portfolio and bank on higher-security and high-yield investment options.

A ratio that measures the inventory cycle from being sold to being replaced. Generally, inventory turnover is measured  by dividing  the cost of goods sold over average inventory.  A low inventory turnover represents poor sales or excess inventory. Meanwhile higher inventory turnover could mean strong sales or ineffective replacement of inventory. The ideal condition for inventory turnover should be close to zero as sales and inventory figures are equal.

The date where a security, note, draft, or other debt instruments becomes due and payable to the investor. Usually, interest payments should stop during the maturity date. The maturity date also marks the full repayment for installment loans. This date is important for investors because it gives them a time frame when to expect the principal back and the length of interest rate payments. There are different kinds of treatments for maturity dates such as serial maturity, series maturity, and term maturity.

Measures how an inventory is sold and replenished during a time period. Usually, inventory turnover is measured throughout the year. To arrive at a figure, the average inventory is computed and compared to the cost of goods sold within the same period. Inventory turnover is measures against industry averages. A low inventory turnover  could mean excess inventory or excess investments that has zero rate of return. A low inventory turnover makes the company vulnerable to sudden price drops.

A measure of company’s performance over a specific period. This report shows the revenues, and expenses from operating and non-operating activities. An income statement should also show the net profit or loss incurred by a company over an accounting period. This term is also known as as the “profit and loss statement” or “statement of revenue and expense”. The income statement is included with the balance sheet and statement of cash flows as the three major financial indicators of a company’s performance.

The discount rate that  makes the net present value of a revenue flow equal to zero.  It is a tool to analyze investments that reflects the time value for money. The higher the investment’s internal rate of return, the more valuable the investment becomes.  IRR is also known as the economic rate of return as it pursues the opportunity cost of one project against another project. With all things being equal, an investment with the highest rate of IRR should be prioritized first.