8 Results for Tag: component

Harmonized Sales Tax – HST

DefinitionThe harmonized sales tax is a consumption tax in Canada. It is used in provinces where both the federal goods and services tax and the regional provincial sales tax have been combi

National Automated Clearinghouse Association (NACHA)

National Automated Clearinghouse Association (NACHA) What is 'National Automated Clearinghouse Association - NACHA ' A non-profit membership association charged with overseeing the Automa

Balance Of Trade (BOT)

Balance Of Trade (BOT) What is 'Balance Of Trade - BOT' The balance of trade (BOT) is the difference between a country's imports and its exports for a given time period. The balance of tra

Variable Universal Life Insurance (VUL)

Variable Universal Life Insurance (VUL) What is 'Variable Universal Life Insurance - VUL' Variable universal life insurance (VUL) is a form of cash-value life insurance that offers both a

Variable Life Insurance Policy

Variable Life Insurance Policy What is a 'Variable Life Insurance Policy' A variable life insurance policy is a form of permanent life insurance. Variable life insurance provides permanen

CAMELS Rating System

CAMELS Rating System What is the 'CAMELS Rating System' The CAMELS rating system is a recognized international rating system that bank supervisory authorities use in order to rate financia

Dow Jones Industrial Average – DJIA

DefinitionThe Dow Jones Industrial Average, or simply the Dow, is a stock market index that shows how 30 large, publicly owned companies based in the United States have traded during a stand

Pacific Exchange (PCX)

Pacific Exchange (PCX) What is 'Pacific Exchange - PCX' An exchange network that coordinates the trading of stock options between both institutional and individual investors. The PCX was o