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Knowledge Economy

DefinitionThe knowledge economy is the use of knowledge to generate tangible and intangible values. Technology, and in particular, knowledge technology, helps to incorporate part of human kn

Key Currency

Key Currency What is 'Key Currency' The currency used as a reference in an international transaction or when setting an exchange rate. The key currency used is usually issued by a stable,

Knock-Out Option

Knock-Out Option What is a 'Knock-Out Option' A knock-out option is an option with a built-in mechanism to expire worthless if a specified price level is exceeded. A knock-out option sets

Hard Stop

Hard Stop What is 'Hard Stop' A price level that, if reached, will trigger an order to sell an underlying security. Hard stops are set at a constant price and are inherently good until can

Head And Shoulders Pattern

Head And Shoulders Pattern What is a 'Head And Shoulders Pattern' In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearis

Headhunter

Headhunter What is a 'Headhunter' A headhunter is a corporation or individual that provides employment recruiting services. A headhunter is hired by firms to find talent, and to locate ind

Yearly Renewable Group Term Insurance

Yearly Renewable Group Term Insurance What is 'Yearly Renewable Group Term Insurance ' A type of insurance policy purchased by employers to cover several people at a time and is reviewed o

Yearly Renewable Term (YRT)

Yearly Renewable Term (YRT) What is 'Yearly Renewable Term - YRT' A one-year term life insurance policy. This type of policy gives policy holders a quote for the year the coverage is bough

In Specie

In Specie What does 'In Specie' mean In specie is a phrase describing the distribution of an asset in its present form, rather than selling it and distributing the cash proceeds. In specie

National Association Of Insurance And Financial Advisors (NAIFA)

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 me
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