CASH SURRENDER VALUE
Total money an insurance firm will pay to the annuity holder or policyholder should his policy is voluntarily cancelled ahead of its maturity or a certain event happens. The cash value is the savings portion of most permanent life insurance policies, specifically the entire life insurance policies. Also called cash value, policyholder’s equity, and surrender value.
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M3
Measuring money supply which includes the following: M2, large time-deposits, repos of maturity larger than one day at commercial banks, institutio ...
S&P 500 Mini
S&P 500 Mini is a derivative contract that represents a designated fraction of the trading value of a standard S&P futures or options contr ...
Rationalization
A reorganization of a company to surge its efficiency. Reorganization may lead to an expansion or reduction in company size, policy changes, or an ...
Industry Bet
Strategy where investors or portfolio managers escalate or reduce holdings in an entire industry, rather than buying or selling individual stocks f ...
Risk Averse
A term that describes an investor who will prefer an investment with the lower risk when he or she encounters two investments with a similar expect ...
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In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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A Guide to Your Personal Income Tax: Steps to Take before April 15
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