TRANSFERABLE INSURANCE POLICIES - TIPS
Life insurance policy allowing the transferable assignment of the benefactor. The owner sells the policy to an investor at a discount rate. Then the purchaser of the policy will shoulder the subsequent premiums and receive the settlement payment should the insured individual die. Although such policies have a guaranteed principal, it have uncertain maturity.
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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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