SEC FORM N-3
SEC Form N-3 is a filing mandated to be submitted by all insurance company separate accounts organized as management investment companies that are offering variable annuity contracts under the Securities and Exchange Commission. SEC Form N-3 is mandated under the Securities Act of 1933 and the Investment Company Act of 1940 with the aim of providing investors with data regarding variable annuity contracts so that the investors are able to determine the potential of these contracts for investment.
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Concentration Ratio
Ratio indicating the relative size of companies in respect to their industry in general. Low concentration ratio denotes higher competition among t ...
Back-To-Back Letters Of Credit
Two letters of credit (LCs) utilized together to aid a merchant in financing the buying of services or equipment from a subcontractor. With the aut ...
Stock Market Crash of 1987
Rapid and one of the most severe downturn in stock prices which took place on October 19, 1987. Following five days of intensifying stock market pl ...
Z-Score
“Z-Score” is a statistical measurement showing the relationship of the score to the mean. It can be positive or negative, which means t ...
Premium
The total cost of an option.
The difference between the higher price paid for a fixed-income secur ...
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Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
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