Tag: finance
UBS
What is 'UBS' A multinational diversified financial services company headquartered in Switzerland. UBS is involved in virtually all major financial activities, including...
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...
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...
Abandon Rate
What is 'Abandon Rate'
Abandon rate in call center
The percentage of inbound phone calls made to a call center or service desk that are abandoned...
Brokers
An investor does not deal with the buying and selling procedures on his own; he has a broker do them for him. This is...
Balance Sheet
DefinitionIn financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization, whether...
Family Offices
DefinitionThe term family office can refer to a family controlled investment group, and also the two major terms: single family office or multi-family office....
Kidnap Insurance
What is 'Kidnap Insurance' A type of insurance designed to protect individuals from the risk of kidnapping. Kidnap insurance often covers other...
Values
What is 'Values' The worth of a nonforfeiture clause that specifies that an insured party would receive the equity from a life...
Fair Value
DefinitionIn accounting and in most Schools of economic thought, fair value is a rational and unbiased estimate of the potential market price of a...