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Phone switching

The financial definition for Phone switching:

Transferring money between funds in the same mutual fund family by telephone request. There may be a charge associated with these transfers. Phone switching is also possible among different fund families if the funds are held in street name by a participating broke../../finance-glossary/dealer.




Similar Matches

Fund switching

Fund switching
Moving money within a mutual fund family from one mutual fund to another.


Switching

Switching
Liquidating a position and simultaneously reinstating a position in another futures contract of the same type.


Switching options

Switching options
A sequence of transactions in which exercise of one option creates one or more additional options. Investment-disinvestment, entry-exit, expansion-contraction, and suspension-reactivation decisions are switching options.




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