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Insurance

Vesting Bonus

One important term in the field of finance is bonus. This is a term used by insurers to refer to the additional amount that is given to the policyholder. It is calculated after assessing the company's assets and liabilities. This bonus is then added to the original sum assured stated in the policy.

Fiduciary liability

A fiduciary, such as a pension fund manager, holds a vital role in managing investments for the benefit of beneficiaries. As such, they are legally bound to safeguard these ...

Insurance proceeds

A significant amount of money that is given to either the policyholder or their chosen recipient upon the policyholder's death within the specified term of the plan or when ...

Insurance policies often include specific risks that are covered, known as perils. These can range from natural disasters such as floods and earthquakes, to man-made events ...

Term life insurance is a type of insurance that provides coverage for a specific period, or term, as stated in the policy. This coverage only pays out to a designated benefi...

Key person insurance

In the world of finance, there is a term that holds great significance for businesses - key person insurance. This type of insurance provides financial protection in the eve...

Insurable value

When discussing business income coverage, it's important to understand the concept of net income. This is the amount that remains after subtracting variable costs and expens...

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Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Public Offerings

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

Trading Terms

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

Mutual Funds

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

Fixed Income

Investments that provide regular, fixed payments, such as bonds and treasury bills.

Stocks

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

Corporate Actions

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

Taxes

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

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

Credit Cards

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

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