New Fund Offer (NFO),
New Fund Offer (NFO):
The New Fund Offer (NFO) is the first investment offer made by an investment firm. When a fund is launched, there is a new capital injection that allows companies to raise capital to buy bonds. Mutual funds are one of the most common fund offerings sold by investment firms. Initial offers to buy new funds vary depending on the structure of the fund.
- The offer of new funds (NFO) means the initial sale of fund shares issued by investment companies to investors.
- Like stock market IPOs, NFOs are designed to raise funds and attract investors.
- Although NFOs trade, they trade less aggressively than IPOs and target specific groups of investors. As a result, new fund issues may appear less likely for individual investors than for initial public offerings.
Literal Meanings of New Fund Offer (NFO)
Meanings of New:
It did not exist recently or is now being created, introduced or invented for the first time.
Already existed but seen, tried or obtained recently or now for the first time.
Start or start and think it's better than what happened before.
Sentences of New
New types of plants
Starting a new life
Synonyms of New
latest, up to the minute, up to date, recent, recently developed, state-of-the-art, present-day, modern, brand new, advanced, contemporary, newly discovered, current
Meanings of Fund:
Provide money for a specific purpose.
The amount of savings or money available for a specific purpose.
Sentences of Fund
The World Bank refused to finance the project
Created Economic Investment Coordination Fund
Synonyms of Fund
float, finance, reserve, subsidize, endow, put up the money for, underwrite, support, capitalize, sponsor, pay for, be a patron of, purse, provide finance for, maintain, back, kitty, pool, collection, provide capital for
Meanings of Offer:
Introduce or offer (someone) to accept (someone) or reject it.
Express a desire to do or give something when asked.
Sentences of Offer
May I buy you a drink?
Mallory accepted the offer to buy him a drink
Synonyms of Offer
advance, give, propound, approach, recommend, tender, proposition, present, propose, suggestion, overture, provide, come up with, submission, render, suggest, proposal, submit, proffer, extend, put forward