Tag: account

What is 'Idle Time' Idle time is unproductive time on the part of employees or machines as a result of factors beyond...

What does 'In Escrow' mean In escrow is an item such as money or a piece of property that has been transferred...

DefinitionIdentity theft is the deliberate use of someone else's identity, usually as a method to gain a financial advantage or obtain credit and other...

What is an immediate beneficiary An immediate beneficiary is a person or entity who receives benefits from a trust or other financial arrangement immediately, as...

What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts,...

What is 'National Fund For Hydrocarbon Reserves (Mauritania)' A sovereign wealth fund administered by the Banque Centrale de Mauritanie, the central bank...

What is 'National Savings Rate' An estimate from the U.S. Commerce Department's Bureau of Economic Analysis (BEA) of the amount of income...

Definition The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first...

What is 'Narrow-Based Weighted Average' An anti-dilution provision used to ensure that investors are not penalized when companies are undergoing additional financing...

What is an 'Offsetting Transaction' In trading, an activity that exactly cancels the risks and benefits of another instrument in the portfolio....