Tag: estate

What is 'War Damage Insurance Corporation' A government financial protection arm created during World War II to provide coverage for war risks...

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

DefinitionWealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals, small-business owners...

What is 'Walk-Away Lease' A common type of car lease in which the lessee returns the car at the end of the...

What is 'Gamma Pricing Model' An equation for determining the fair market value of a European-style option when the price movement on...

DefinitionA wealth tax is a levy on the total value of personal assets, including: bank deposits, real estate, assets in insurance and pension plans,...

What is Gazundering and how can you avoid it Gazundering is the act of reducing a purchase price at the last minute, usually just before...

What is 'Geographical Diversification' The practice of diversifying an investment portfolio across different geographic regions so as to reduce the overall risk...

DefinitionGazumping occurs when a seller accepts an oral offer on the property from one potential buyer, but then accepts a higher offer from someone...

What is a 'Generation-Skipping Trust' A generation-skipping trust is a type of legally binding trust agreement in which the contributed assets are...