释义 |
DictionarySeetelephone exchangetelephone switching
Telephone switchingMoving one's assets from one mutual fund or variable annuity to another by telephone.Telephone SwitchingAn order given over a telephone, especially to transfer assets from one mutual fund or annuity to another. A client has the right to call his/her investment adviser and direct that money be invested only in certain ways. See also: Telephone booth.telephone switching The movement of an investor's funds from one mutual fund to another mutual fund on the basis of an order given via telephone. |