DEFINITION of 'Exchange Privilege'. The opportunity given to mutual fund shareholders to exchange their investment in a fund for another within the same fund family at no additional cost.This privilege allows investors to switch funds when market conditions change.REAKING DOWN 'Exchange Privilege'. For example, you might want to be in an aggressive growth fund when the market is going up, but when the markets start heading downward, you may switch to a bond fund. There is usually a limit to how many times an investor can switch funds within a year.
A heuristic computer virus is a virus/program that is capable of learning while running in parallel with other computer systems on a system which it is on.For example having â¦ really good anti virus detection software running along with say five or six different other programme's virus can learn passwords usernames.ormally, for an anti-virus product to detect the virus the virus must have been seen before, analysed and detection added to the signature update files. Heuristics are used as there are some families of viruses that continually change their appearance and it is not possible to detect every variant.
A heuristic technique (/ h j ÊÉËr Éª s t Éª k /; Ancient Greek: Îµá½ÏÎ¯ÏÎºÏ, find or discover), often called simply a heuristic, is any approach to problem solving, learning, or discovery that employs a practical method not guaranteed to be optimal or perfect, but sufficient for the immediate goals.