IMF Nonfuel Commodity Index
What is the IMF Nonfuel Commodity Index
The Index is a weighted average of a broad basket of nonfuel commodities. The index was first published...
X-Mark Signature
What is 'X-Mark Signature' An X-mark made by a person in lieu of a signature. Due to illiteracy or disability, a person...
DB(k) Plan
What is a DB(k) Plan
A DB(k) plan is a type of retirement savings plan that is sponsored by an employer. The name "DB(k)" comes...
Baby Berkshire
What is 'Baby Berkshire' Baby Berkshire refers to the 50:1 stock split after the market close on January 20th, 2010 by Berkshire...
Macro-Hedge
What is 'Macro-Hedge' An investment technique used to eliminate the risk of a portfolio of assets. In most cases, this would mean...
Baby Boomer
What are baby boomers and what generation do they belong to
A baby boomer is a person who was born between 1946 and 1964. So,...
Valuation Mortality Table
What is 'Valuation Mortality Table' A statistical chart that is used by insurance companies to calculate the statutory reserve and cash surrender...
Habendum Clause
What is a Habendum Clause
A Habendum Clause is a real estate legal term that refers to the portion of a deed that states the...