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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Collusion
Non-competitive secret agreement taking place between two or more entities. They seek to disrupt the market’s equilibrium by changing the pri ...
Trade Credit
Agreement in which a client can defer the payment for products and/or services acquired from a supplier. Upon the delivery of the goods, the trade ...
Secondary Stock
Secondary Stocks are those stocks which are perceived as those that carry higher risks compared to blue chips due to the small market capitalizatio ...
Maturity Date
Date on which the principal amount of a acceptance bond, draft, note, or other debt instrument is due for settlement and to be repaid to the invest ...
Group of 30 - G30
Consultative group comprised of academics and financiers that aims to facilitate understanding of financial and economic matters in private and pub ...
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