VALUATION PERIOD
Valuation Period is the time between the close of business of the first business day and the close of business of the second business day. It refers to variable annuities, which are annuity products that provide annuity payouts that are based on the current value of the annuity’s investments.
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Secondary Mortgage Market
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Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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