419-E WELFARE BENEFIT PLANS
Employer-sponsored employee welfare benefit plan providing various benefits to employees including life, health, long-term care, disability, and post-retirement medical. Under paragraph (e) of Section 419 of the Internal Revenue Code, it can be designed as either a target contribution or target benefit. The plan aims to give additional financial stability for employees during their retirement.
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Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
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Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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