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Insurance

Optionally renewable

A policy that can be terminated by the insurer on the yearly anniversary date without any limitations. The insurer is free to cancel the policy at any time, as long as it falls on the anniversary date.

Retirement income programs, also known as retirement plans, are designed to financially support employees once they reach a certain age and have completed a specified length...

Mortgage-backed securities

In the world of finance, there exists a category of securities known as investment grade securities. These securities are backed by a pool of mortgages, which means that the...

Elimination period

The waiting period, also known as the elimination period, is a crucial concept in health insurance policies that provide coverage for disability income loss. It refers to th...

Insured pension plans

An insurance company is responsible for managing employee benefit plans, which are designed to provide financial security to employees. These plans offer a variety of benefi...

Multiple peril policy

A package policy, commonly known as a homeowners or business insurance policy, offers protection against various perils. This type of policy combines both property and liabi...

Asset-backed securities

Bonds are financial instruments that represent pools of loans with similar characteristics, such as type, duration, and interest rates. These loans can be securitized, meani...

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Stocks

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

Financial Terms

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

Market Entities

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

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Taxes

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

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Currency

All terms related to the system of money in general use in a particular country, representing a medi

Property

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

Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

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