What is meant by "turn of the month"?
A) the last calendar day of the month
B) the last bank business day of the month
C) value last business day of the month against first business day of the next month
D) value first business day of the month against last business day of the same month

Question

Quizplus · Accepted Answer

"Turn of the month" refers to the comparison of the value on the last business day of the month with the value on the first business day of the next month, which is relevant in financial and investment contexts.

What Is Meant by "Turn of the Month