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Insurance

Money Back Plan

A policy that includes a provision for the policyholder to receive periodic payments equal to a portion of the total amount guaranteed.

A mutual insurance company is a type of insurer that is owned by its policy-holders. This means that the individuals who have insurance policies with the company are also sh...

Consequential losses

In the world of finance, there are various terms that may seem complex at first but are crucial to understand. One such term is "losses other than property damage." This ref...

Cash value option

Life insurance policies often come with an option known as cash surrender value, which allows the policyholder to receive the current value of their policy in cash upon surr...

Standard premium

When determining the cost of manual rates for an employee, it is important to take into account their level of experience. This can be done through experience rating, which ...

Floor-of-protection concept

Social insurance is based on the principle that it should only provide limited protection, rather than meeting all of one's needs. This means that individuals are expected t...

The expiration date signifies the conclusion of the deferment period. This is a crucial term in the world of finance, as it determines the end date for a grace period in whi...

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Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Trading Terms

Trading Terms encompass terminology and phrases commonly used in financial markets, including terms

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

Corporate Actions

Terms related to decisions and events initiated by a company that can impact its stock, such as divi

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

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