Terms beginning with 'F'
The maturity value of a bond or other debt instrument; also termed the bond’s par value.
Final Pensionable Earnings / Final Pensionable Salary
The pensionable earnings, at or near retirement or leaving service, on which the pension is calculated. This may be fixed at a particular date or may be based on the average of a number of years.
See also: Pensionable Earnings
Commission (FSC) The government agency with direct regulatory authority over the securities industry. Similar to the SEC in the United States.
A security that promises to pay a periodic sum, such as bond paying a fixed coupon amount per period.
Front End Load
The upfront payment of the sales fee charged on a mutual fund.