Etf meaning

Exchange-traded fund.
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(1) (Early Termination Fee) The monetary penalty for canceling a cellular subscription before the end of the contract. The common two-year cellphone contract subsidizes the cost of the phone; for example, a USD $600 smartphone may cost the subscriber $200. The remaining $400 is paid off during the mandatory term of the contract.
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A fund made up of a number of stocks or other securities for which fractional shares are issued to investors, similar to a mutual fund, but with the shares tradeable on an exchange, similar to ordinary shares of common stock.
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