country basket meaning
[Finance]
A derivative security designed to mimic the major index of an international exchange.
A derivative security designed to mimic the major index of an international exchange.
Examples
More: Next- Index investments like country basket funds never trade at a discount.
- The building has ceased textile production and now houses Country Baskets.
- But why did investors put so few eggs into the country baskets?
- Herzfeld said, " compared to WEBS and country baskets ."
- True, country basket funds and the like have lower annual expenses than actively managed funds.
