Tag: development

Facility Operations

DefinitionFacility management is a professional management discipline focused upon the efficient and effective delivery of support services for the organizations that it serves. The...
Federal Home Loan Bank System

Federal Home Loan Bank System (FHLB)

What is the Federal Home Loan Bank System (FHLB)? The Federal Home Loan Bank System is a network of 12 regional banks that provide financial...
Federal Advisory Council

Federal Advisory Council

What is a Federal Advisory Council A Federal Advisory Council (FAC) is a federal body created to provide advice, counsel, and recommendations to an entire...

Wealth Psychologist

What is 'Wealth Psychologist' A wealth psychologist is a mental health professional who specializes in issues relating specifically to wealthy individuals. Wealth...

Federal Agencies

What is 'Federal Agencies' Special government organizations set up for a specific purpose such as the management of resources, financial oversight of...

Weak Sister

What is 'Weak Sister' An element that undermines the entire system. Weak sister can either refer to a single individual or a...

Waterfall Concept

What is 'Waterfall Concept' A life insurance plan that provides a tax benefit in regards to intergenerational transfers of wealth. The concept...

Water Rights

DefinitionWater right in water law refers to the right of a user to use water from a water source, e.g., a river, stream, pond...

Wave

What is 'Wave' A pattern of behavior marked by noticeable increases and decreases. Waves can be identified in stock price movements and...

Wasting Trust

What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name...

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