Home > Term: product class
product class
The categorization of securities with similar features. The different types of Product classes are: Money Funds, Mutual Funds, Stocks and Related, Government Bonds, Municipal Bonds- GO Insured, Municipal Bonds- GO Uninsured, Municipal Bonds- Revenue, and Limited Partnership, Corporate Bonds, Medium Term Notes, Deposit Notes (Callable CDs), STEERS, Certificates of Deposit, Treasury Bills, Treasury Notes, Treasury Bonds, Agency Discounts, Agency Notes, Agency Bonds and Zero Coupon Bonds.
Related to Annuity/Insurance:
Identifies if Life Insurance or Annuity.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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