Daily Return definition
Daily Return means the difference between the Gross Asset Value per Share and the larger of a) the prior day Net Asset Value per share and b) the High Water Mark.
Daily Return means with respect to a Valuation Date,
Examples of Daily Return in a sentence
Daily Return = (TD3 voyage freight - bunker cost - port charge) / (Net voyage Day) = TD3 TC equivalent TD3 “WS point” to apply only, not TD3 route to apply.
List any additional RTN(s) that should be set up for FedReceipt Daily Return Image Cash Letter Presentment.