DefinitionIn economics, diminishing returns is the decrease in the marginal output of a production process as the amount of a single factor of production is incrementally increased, while the amounts of all other factors of production stay constant. Law...
DefinitionA credit default swap is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a debt default or other credit event. That is, the seller of the CDS insures the...
Definition
In finance, a "hard asset" may be real estate, commodities, or energy. For example, gold and silver are regarded as "hard" assets. Other types of raw materials, such as oil, copper, and aluminium. are also considered "hard" assets.
What is...
What is the 'Federal Deposit Insurance Corporation - FDIC' The Federal Deposit Insurance Corporation (FDIC) is the U.S. corporation insuring deposits in the United States against bank failure. The FDIC was created in 1933 to maintain public...
What does 'Illiquid' mean
Illiquid refers to the state of a security or other asset that cannot easily be sold or exchanged for cash without a substantial loss in value. Illiquid assets may also be hard to sell quickly because...
What is 'Accelerated Amortization'
Extra payments made toward the reduction of a mortgage's principal balance. In the case of accelerated amortization, the loan borrower is given the option of making extra payments to their mortgage bill in order to pay...
DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured...
What is 'Absorbed' 1. In a general business sense, when a cost is treated as an expense instead of being passed on to the customer in the form of higher prices. Explaining 'Absorbed' 1....
What is 'Qualified Joint And Survivor Annuity - QJSA'
An annuity payment from a qualified plan or 403(b) account that provides a life annuity to the participant and a survivor annuity for the spouse after the participant's death. QJSA rules...
What is 'UBS' A multinational diversified financial services company headquartered in Switzerland. UBS is involved in virtually all major financial activities, including retail and commercial banking, investment banking, investment management and wealth management. UBS has a major...