The amount of investor profit forfeited because of fees earned by the investment manager.

The percentage difference between the before fee internal rate of return generated by the investment and the after fee internal rate of return realized by the investor.

The allocation of profit dollars that fall into each category of the waterfall at the time of each investor distribution.

Absolute ownership unencumbered by any other interest or estate, subject only to the limitations imposed by the government powers of taxation, eminent domain, police power, and esc ...

The difference between the gross IRR generated by the aggregate investments in the venture and the net IRR earned by the investor.

Any person who exercises any discretionary authority or control over a plan's asset management, administration or disposition, or renders investment advice for a fee or other c ...

A transaction wherein a fiduciary acts in its own best interest rather than in the best interest of its clients; represents a conflict of interest and an illegal act, which can lea ...

A sector of the economy composed of finance, insurance, and real estate; includes banks and credit unions, credit card companies, insurance agencies, mortgage brokers, investment b ...

An independent, non-governmental, self-regulatory  organization that writes and enforces rules governing registered brokers and broker-dealers to safeguard the investing publi ...

A US federal law passed in 1989 that provided government funds to insolvent savings and loan associations, and mandating sweeping changes in the examination and supervision of savi ...