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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Short Leg
Short Leg is a contract where an individual holds a short position. The contract is in the option spread created by the trader by purchasing a put ...
Borrowing Base
Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
Currency abbreviation for the Swaziland Lilangeni, the official currency of Swaziland. The currency is comprised of 100 cents and presented with th ...
Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
Economic Stimulus
Plans to financially stimulate an economy. It implements monetary or fiscal policy changes to bolster a lagging or struggling economy. Governments ...
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Principles of Trading: Risk Management
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| 14:30 | NY Fed Empire State manufacturing index | Jun |
