Tag: insurance

What is 'Underwater' An option that would be worthless if it expired today. An underwater option may be either a call or...

What is 'Umpire Clause' The language in an insurance policy that provides for a means of resolution by an unbiased third party...

What is 'National Organization Of Life And Health Insurance Guaranty Associations - NOLHGA' NOLHGA is a voluntary organization of U.S. life- and...

Premium, in the simplest of terms, is the total cost of any option. It is basically the sum of your option’s time and intrinsic...

DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...

What is the 'Federal Deposit Insurance Corporation - FDIC' The Federal Deposit Insurance Corporation (FDIC) is the U.S. corporation insuring deposits in...

DefinitionA credit default swap is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a...

Definition Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of...

What is 'National Credit Union Administration - NCUA' An agency of the United States federal government that was created to monitor federal...

An investor does not deal with the buying and selling procedures on his own; he has a broker do them for him. This is...