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The United States Oil Fund is an exchange-traded fund (ETF) that attempts to track the price of West Texas Intermediate Light Sweet Crude Oil. [1] [2] It is distinguished from an exchange-traded note (ETN) since it represents an ownership claim on underlying securities that the fund has packaged. [3] USO invests in oil future contracts that are ...
United States Commodity Funds LLC is an issuer of exchange traded commodity products (ETPs). It was founded in 2005 in Alameda, CA. The first fund it launched, in 2006, was United States Oil Fund, LP. USO was the first commodity ETF based on crude oil launched in the United States. USO was the fourth commodity ETP launched in the United States ...
The United Service Organizations Inc. ( USO) is an American nonprofit-charitable corporation that provides live entertainment, such as comedians, actors and musicians, social facilities, and other programs to members of the United States Armed Forces and their families. Since 1941, it has worked in partnership with the Department of War, and ...
Universal service. Universal service is an economic, legal and business term used mostly in regulated industries, referring to the practice of providing a baseline level of services to every resident of a country. An example of this concept is found in the US Telecommunications Act of 1996, whose goals are: Universal service was widely adopted ...
Appearance. Broadband universal service, also known as "universal service obligation" (USO) or "universal broadband service", refers to government efforts to ensure all citizens have access to the internet. Universal voice service obligations have been expanded to include broadband service obligations in Switzerland, Finland, Spain and the UK.
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
National War Fund. The National War Fund was the joint financing of war appeals during World War II for the United Service Organizations (USO), United Seamen's Service, and about twenty other overseas relief programs. The National War Fund operated from 1943 to 1947.
Fund Assets Origin Value (in billions) As of Ref. 1 Alaska: Alaska Permanent Fund: 74.455 December 2022 [3] Petroleum: 2 Texas: Permanent School Fund: 55.624 August 2022 [4] Commodity / petroleum: 3 Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 [6 ...