You can cash in your shares by selling them back to the mutual fund.
Financial and business terms. 2012.
sell sth back to sth — UK US sell sth back to sb/sth Phrasal Verb with sell({{}}/sel/ verb (sold, sold) ► FINANCE, COMMERCE to sell something to the person you bought it from: »You can cash in your shares by selling them back to the mutual fund … Financial and business terms
sell sth back to sb — UK US sell sth back to sb/sth Phrasal Verb with sell({{}}/sel/ verb (sold, sold) ► FINANCE, COMMERCE to sell something to the person you bought it from: »You can cash in your shares by selling them back to the mutual fund … Financial and business terms
under orders to do sth — ► a person or organization that is under orders to do something has been told officially to do something: »Commercial banks are under orders not to begin selling the new coins to customers until Thursday. → See also ADMINISTRATION ORDER(Cf.… … Financial and business terms
lease sth back — UK US lease sth back (to sb) Phrasal Verb with lease({{}}/liːs/ verb [T] COMMERCE, LAW ► PROPERTY, LAW to sell property or an asset, but continue to use it by paying rent to the new owner: »The company may try to raise cash by selling and leasing … Financial and business terms
lease sth back to sb — UK US lease sth back (to sb) Phrasal Verb with lease({{}}/liːs/ verb [T] COMMERCE, LAW ► PROPERTY, LAW to sell property or an asset, but continue to use it by paying rent to the new owner: »The company may try to raise cash by selling and leasing … Financial and business terms
have your back to the wall — phrase to be in a difficult situation with few choices, so that you have to work or fight very hard England had their backs to the wall in the second half. Thesaurus: to be in, or to get into a difficult situationsynonym Main entry: back * * *… … Useful english dictionary
profit — total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles. Glossary of Business Terms Revenue minus cost. The amount one makes on a transaction. Bloomberg Financial Dictionary *… … Financial and business terms
move — 1 verb 1 CHANGE PLACE (I, T) to change your place or position, or to make something do this: Don t move or I ll shoot. | You mustn t get off the train while it s still moving. | move sth: Can you move your car it s blocking the road. | We ll have … Longman dictionary of contemporary English
auction — A common method of issuing gilts. Similar to a tender offer. In an auction, investors apply to buy the new gilts being issued, specifying the amount they wish to purchase and the price they are prepared to pay. The new gilts will be issued to… … Financial and business terms
store — {{Roman}}I.{{/Roman}} noun 1 place where you can buy things ⇨ See also ↑shop ADJECTIVE ▪ big, large, major (esp. BrE) ▪ small ▪ retail ▪ … Collocations dictionary
