ACCOUNT AGGREGATION
It is a process in which different accounts are linked in order to combine fees and to make the access to these accounts more convenient for the users. An example of account aggregation is a householding wherein all brokerage, checking, and savings accounts of a specific household are linked to each other. In this account, online summaries and statements display all the accounts within the account aggregated household.
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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
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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