Soft dollar definition

Soft dollar means brokerage commissions that are used by the system to purchase goods or services.
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Soft dollar means the value of research services and other benefits, whether tangible or intangible, provided to a certified investment adviser in exchange for the certified investment adviser’s business.
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Soft dollar means payment for services from brokerage firms through commission revenue, in contrast to normal payments (hard dollars).
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Examples of Soft dollar in a sentence

  • Soft dollar commissions/arrangements will not include travel, accommodation, entertainment, general administrative goods and services, general office equipment or premises, membership fees, employees’ salaries or direct money payment.

  • Soft dollar benefits received from brokers should not be a determinant factor on allocating orders among brokers.

  • Soft dollar arrangements for services may be entered into in order to facilitate an improvement in performance in respect of the Subadviser's service to the Adviser with respect to the Fund.

  • Soft dollar commissions refers to the portion of total brokerage commissions paid to certain brokers that was available for payment to third party vendors for providing research, statistical or investment decision making services.

  • Soft dollar transactions will be conducted on an arm's-length basis, and the Subadviser will secure best execution for the Adviser.

  • Soft dollar refers to arrangements under which products or services, other than the execution of securities transactions, are obtained from or through a broker in exchange for the direction by the manager of transactions to the broker.

  • Soft dollar agreementAn agreement in any form under which an investment firm licensee receives goods or services in return for regulated investment services put through or in the way of another person.

  • Soft dollar commissions, if any, represent amounts paid indirectly to third parties through a broker or dealer for services received by the Partnership that do not pertain to trading execution.

  • Soft dollar commissions or arrangements shall not include travel, accommodation, entertainment, general administrative goods and services, general office equipment or premises, membership fees, employees’ salaries, direct money payment, or any other goods and services as may be prescribed from time to time in any code or guideline issued by the Investment Management Association of Singapore from time to time.

  • Soft dollar commissions were received from the Manager’s panel of soft dollar brokers which executed transactions for the unit trust and other funds managed by the Managers.


More Definitions of Soft dollar

Soft dollar. Services. The receipt of soft dollar brokerage and research benefits and services by the Company qualifies and has at all times qualified for the safe harbor afforded by Section 28(e) of the Securities Exchange Act, and the Company has complied with all related disclosure rules in all material respects. The Company has satisfied in all material respects its duty of “best execution” (as such term is understood under the Investment Advisers Act) for all Clients for whom it exercises trading discretion.
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Soft dollar. Arrangements. The Collateral Manager no longer enters into formal soft dollar arraignments with broker-dealers. However, in the ordinary course the Collateral Manager could receive unsolicited research reports and brokerage services from full-service broker-dealers as a part of their full range of services. Such unsolicited materials could benefit Clients and therefore could be construed as soft dollar benefits.
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Related to Soft dollar

  • Dollar and “$” mean lawful money of the United States.

  • Euro-Dollar Rate means a rate of interest determined pursuant to Section 2.07(b) on the basis of a London Interbank Offered Rate.

  • Canadian Dollar means the lawful currency of Canada.

  • Total contract dollars means the final anticipated dollar value, including the dollar value of all options.

  • Australian Dollar means the lawful currency of Australia.

  • Initial Dollar Principal Amount means $1,000,000,000, or such higher amount as is specified in any Notice of Additional Issuance under Section 2.09 hereof.

  • U.S. Dollar or “$” means the lawful currency of the United States of America.

  • Euro-Dollar Reserve Percentage has the meaning set forth in Section 2.06(c).

  • USD or “$” means the lawful currency of the United States of America.

  • Euro-Dollar Reference Banks means the principal London offices of Xxxxxx Guaranty Trust Company of New York, Bank of America, N.A., The Bank of New York, The Bank of Nova Scotia and Citicorp USA, Inc.

  • Credit life insurance means insurance on the life of a debtor in connection with

  • United States Dollar and "US$" shall mean the lawful currency for the time being of the United States of America.

  • Hong Kong Dollar means the lawful currency of Hong Kong.

  • Applicable Dollar Percentage means, with respect to any Dollar Lender, the percentage of the total Dollar Commitments represented by such Dollar Lender’s Dollar Commitment. If the Dollar Commitments have terminated or expired, the Applicable Dollar Percentages shall be determined based upon the Dollar Commitments most recently in effect, giving effect to any assignments.

  • Credit Limit means the total dollar amount of the Account which we approved and which you may borrow against according to the terms of this Agreement.

  • Euro-Dollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Subsidized Xxxxxxxx Loan means a Loan for which the interest rate is governed by Section 427A(a) or 427A(d) of the Higher Education Act.

  • Australian Dollars means the lawful currency of Australia.

  • Committed dose equivalent (HT,50) means the dose equivalent to organs or tissues of reference (T) that will be received from an intake of radioactive material by an individual during the 50-year period following the intake.

  • Yen and “¥” mean the lawful currency of Japan.

  • Canadian Dollars means the lawful money of Canada.

  • U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with respect to such Alternative Currency at the time in effect under the provisions of such Section.

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the Aggregate Capital at such time.

  • Euro-Dollar Lending Office means, as to each Bank, its office, branch or affiliate located at its address set forth in its Administrative Questionnaire (or identified in its Administrative Questionnaire as its Euro-Dollar Lending Office) or such other office, branch or affiliate of such Bank as it may hereafter designate as its Euro-Dollar Lending Office by notice to the Borrower and the Administrative Agent.

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.