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Aggressive investment strategy 
   A method of portfolio allocation and management aimed at achieving maximum return. Aggressive investors place a high percentage of their investable assets in equity securities and a far lower percentage in safer debt securities and cash equivalents, and pursue aggressive policies including margin trading, arbitrage and options trading.

Annuity 
   A contract between an insurance company and an individual; it generally guarantees lifetime income to the individual on whose life the contract is based in return for either a lump sum or a periodic payment to the insurance company. The contract holder’s objective is usually retirement income.

Arbitration 
   The arrangement whereby the Board of Arbitration of the NYSE, or a designated arbitration association, hears and settles disagreements between members, allied members, member organizations and/or their employees.

Asset Allocation Fund 
   A mutual fund that splits its investment assets among stocks, bonds and other vehicles in an attempt to provide a consistent return for investors.