Tag: insurance
Immediate Beneficiary
What is an immediate beneficiary
An immediate beneficiary is a person or entity who receives benefits from a trust or other financial arrangement immediately, as...
National Association Of Insurance And Financial Advisors (NAIFA)
What is 'National Association Of Insurance And Financial Advisors - NAIFA' A nonprofit group that works on behalf of its members to...
National Treatment
DefinitionNational treatment is a principle in international law vital to many treaty regimes. It essentially means treating foreigners and locals equally. Under national treatment,...
National Association of Investors Corporation (NAIC)
What is 'National Association of Investors Corporation - NAIC' A non-profit organization that is dedicated to providing investing education that allows individuals...
Named Beneficiary
What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts,...
National Stock Exchange
What is 'National Stock Exchange' The first stock exchange in America that was completely electronically automated. All members of the exchange are...
Natural Guardian
What is 'Natural Guardian' A child's parent. In divorce situations, the parent with custody is considered the natural guardian. The opposite of...
National Insurance Contributions (NIC)
What are National Insurance Contributions (NIC)?
National Insurance contributions (NIC) are payments made by employees and employers into the National Insurance scheme. The money is...
One-Bank Holding Company
What is 'One-Bank Holding Company' A corporation that holds at least a quarter of the voting stock of a commercial bank. One-bank...
Office Of The Superintendent Of Financial Institutions (OSFI)
What is 'Office Of The Superintendent Of Financial Institutions - OSFI' An independent agency responsible for the regulation of banks, insurance companies,...