Adjusted Cash Flow Provided by Continuing Operations

cash flow provided by operating

activities adjusted to provide a more recurring, sustainable measure. Adjustments to reported cash

provided by operating activities are made to remove such nonrecurring cash items as: the operating

component of discontinued operations, income taxes on items classified as investing or financing activities, income tax benefits from nonqualified employee stock options, the cash effects of purchases and sales of trading securities for nonfinancial firms, capitalized expenditures, and other nonrecurring cash inflow s and outflow s.

Annual fund operating expenses

For investment companies, the management fee and other expenses,

including the expenses for maintaining shareholder records, providing shareholders with financial statements,

and providing custodial and accounting services. For 12b-1 funds, selling and marketing costs are included.

Annual percentage rate (APR)

annual percentage rate (APR)

Interest rate that is annual ized using simple interest.

Annual percentage yield (APY)

The effective, or true, annual rate of return. The APY is the rate actually

earned or paid in one year, taking into account the affect of compounding. The APY is calculated by taking

one plus the periodic rate and raising it to the number of periods in a year. For example, a 1% per month rate

has an APY of 12.68% (1.01^12).

Annual Premium

Yearly amount payable by a client for a policy or component.

Annual report

Yearly record of a publicly held company’s financial condition. It includes a description of the

firm’s operations, its balance sheet and income statement. SEC rules require that it be distributed to all

Annual Report

The report required by the Stock Exchange for all listed companies, containing the company’s financial statements.

Annual report

A report issued to a company’s shareholders, creditors, and regulatory

annual return

The fund return, for any 12-month period, including changes in unit value and the reinvestment of distributions, but not taking into account sales, redemption, distribution or other optional charges or income taxes payable by any unitholder that would reduce returns.