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Life Insurance

DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...

Absorbed

What is 'Absorbed' 1. In a general business sense, when a cost is treated as an expense instead of being passed on...

Qualified Joint And Survivor Annuity (QJSA)

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...

UBS

What is 'UBS' A multinational diversified financial services company headquartered in Switzerland. UBS is involved in virtually all major financial activities, including...

Pairs Trade

DefinitionThe pairs trade or pair trading is a market neutral trading strategy enabling traders to profit from virtually any market conditions: uptrend, downtrend, or...

Real Estate Investment Group

DefinitionReal estate investment clubs are clubs formed by individuals who want to invest specifically in real estate. Real Estate Investment Group What is...

Unamortized Bond Premium

What is 'Unamortized Bond Premium' The difference between the par-value or face-value of a bond and the price above this face value,...

Kurtosis

DefinitionIn probability theory and statistics, kurtosis is a measure of the "tailedness" of the probability distribution of a real-valued random variable. In a similar...

Valuation

What is a 'Valuation' Valuation is the process of determining the current worth of an asset or a company; there are many...

National Association Of Real Estate Investment Trusts (NAREIT)

What is 'National Association Of Real Estate Investment Trusts - NAREIT' A trade association that represents U.S. Real Estate Investment Trusts (REITs)...