LEVEL-PREMIUM INSURANCE
A term life insurance policy in which the premium remains the same throughout the duration of the contract. The premium an individual paid for level-premium insurance will be higher at the early years of the contact, but will be lowered towards the end of its life, compared to term policies with rising premium rates. Meaning at the end of the term, the premium is smaller than other policies with the same coverage.
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Trade or Fade Rule
Options exchange rule introduced to eliminate trade troughs. The rule requires the market maker to match a better deal seen on another market or tr ...
A-B Split
This is a method commonly used to test if the marketing media or methods used are effective. When using A-B Split method in marketing, there will b ...
Cancellation
Notification by a broker advising his or her client that an incorrect exchange deal was conducted and that the activity is being pointed out. For e ...
Kicker Pattern
A two-bar candlestick pattern that signifies change in the direction of the market trend for the price of an asset. The pattern is composed of two ...
UFMI
Up-Front Mortgage Insurance (UFMI) is an insurance premium. It is usually collected at the time of the conception of the loan on Federal Housing Ad ...
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