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Finance Dictionary and Glossary of Investment Terms
Moving money from one mutual fund to another, either within a fund family or between fund families.
Liquidating a position and simultaneously reinstating a position in another futures contract of the same type.
1. In mutual funds, the process of transferring your investment from one fund to another.2. In securities, the process of liquidating your position in exchange for other securities with better prospects for growth, yields, or capital gains.