Breakpoint Definition

Breakpoint Definition

What Is a Breakpoint? A breakpoint is the dollar amount for the purchase of a load mutual fund’s shares that qualifies the investor for a reduced sales charge. Breakpoints offer investors a discount for making larger investments. The purchase may either be made in a lump sum or by staggering payments within a specified period of

Breakpoint Sale

Breakpoint Sale

What Is a Breakpoint Sale? A breakpoint sale is the sale of a mutual fund at a set dollar amount that allows the fundholder to move into a lower sales charge bracket. If an investor is unable to provide the funds needed to qualify for the lower fee at the time of investment, they can

Breakup Fee Definition

Breakup Fee Definition

What Is a Breakup Fee? A breakup fee is used in takeover agreements as leverage on the seller against backing out of the deal to sell to the purchaser. A breakup fee, or termination fee, is required to compensate the prospective purchaser for the time and resources used to facilitate the deal. Breakup fees are normally 1% to 3% of

Breakup Value Definition

Breakup Value Definition

What Is Breakup Value? The breakup value of a corporation is the worth of each of its main business segments if they were spun off from the parent company. It is also called the sum-of-parts value. Key Takeaways Breakup value is an analysis of the worth of each of a large corporation’s distinct lines of

Brent Combine Definition

Brent Combine Definition

What Is Brent Blend? Brent blend is the name of one of two internationally-recognized types of crude oil that are used as benchmarks for prices of crude oil. Brent Blend comes from the North Sea and is considered a light, sweet crude oil. Brent blend is more than half of the crude oil traded internationally

Bretton Woods Agreement and the Institutions It Created Outlined

Bretton Woods Agreement and the Institutions It Created Outlined

What Was the Bretton Woods Agreement and System? The Bretton Woods Agreement was negotiated in July 1944 by delegates from 44 countries at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire. Thus, the name “Bretton Woods Agreement. Under the Bretton Woods System, gold was the basis for the U.S. dollar

Bre-X Minerals Ltd. Definition

Bre-X Minerals Ltd. Definition

What Was Bre-X Minerals Ltd.? Bre-X Minerals Ltd., often referred to simply as Bre-X, was a Canadian gold mining company that infamously defrauded investors by falsifying gold samples and misstating its available gold reserves. From a peak valuation of over $6 billion Canadian dollars (CAD), Bre-X’s shares collapsed and the company soon filed for bankruptcy.