DefinitionA certificate of deposit is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and...
DefinitionIn economics, diminishing returns is the decrease in the marginal output of a production process as the amount of a single factor of production...
DefinitionA credit default swap is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a...
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...
What is the 'Federal Deposit Insurance Corporation - FDIC' The Federal Deposit Insurance Corporation (FDIC) is the U.S. corporation insuring deposits in...
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...
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...
DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...
What is 'Absorbed' 1. In a general business sense, when a cost is treated as an expense instead of being passed on...
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...