DefinitionKey person insurance, also commonly called keyman insurance and key man insurance or 'key employee insurance', is an important form of business insurance. There is no legal definit

DefinitionThe economics of happiness or happiness economics is the quantitative and theoretical study of happiness, positive and negative affect, well-being, quality of life, life satisfacti

Yonder 40 Index (Yonder 40) What is 'Yonder 40 Index - Yonder 40' A list of 40 publicly traded companies chosen for their ties to rural areas. The Yonder 40 is designed to reflect the econ

Inactivity Fee What is 'Inactivity Fee' 1. A sum charged to investors who haven't engaged in any buying or selling activities in their brokerage accounts for an amount of time specified by

DefinitionAn individual retirement account is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings in the Unit

DefinitionIn American estate planning parlance, an incentive trust is a trust designed to encourage or discourage certain behaviors by using distributions of trust income or principal as an

DefinitionImmunization, or immunisation, is the process by which an individual's immune system becomes fortified against an agent. Immunization What is 'Immunization' Immunization, also kn

DefinitionAn impact fee is a fee that is imposed by a local government within the United States on a new or proposed development project to pay for all or a portion of the costs of providing

Immediate Beneficiary What is 'Immediate Beneficiary' A beneficiary designation most commonly used in charitable gift planning to describe which parties get an immediate benefit from a tra

National Currency What is 'National Currency' The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of a nation is usually the predomi