152 Results for Tag: life

Kondratiev Wave

DefinitionIn economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy. Kondratiev Wave What is 'Kondratiev Wave' An economic theory created by Soviet e

Key Person Insurance

DefinitionKey person insurance, also commonly called keyman insurance and key man insurance or 'key employee insurance', is an important form of business insurance. There is no legal definit

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

Happiness Economics

DefinitionThe economics of happiness or happiness economics is the quantitative and theoretical study of happiness, positive and negative affect, well-being, quality of life, life satisfacti

Healthcare Power Of Attorney (HCPA)

Healthcare Power Of Attorney (HCPA) What is 'Healthcare Power Of Attorney - HCPA' A legal form that allows an individual to empower another with decisions regarding his or her healthcare a

Half-Year Convention For Depreciation

Half-Year Convention For Depreciation What is the 'Half-Year Convention For Depreciation' The half-year convention for depreciation is the depreciation schedule that treats all property ac

Hanging Man

DefinitionThe Hanged Man is the twelfth trump or Major Arcana card in most traditional Tarot decks. It is used in game playing as well as in divination. Hanging Man What is a 'Hanging Man'


DefinitionA hammer is a tool or device that delivers a blow to an object. Most hammers are hand tools used to drive nails, fit parts, forge metal, and break apart objects. Hammers vary in sh

Yield To Average Life

Yield To Average Life What is 'Yield To Average Life' The yield on a fixed-income security when the average maturity is substituted for the maturity date of the issue. It is particularly u

Years Certain Annuity

Years Certain Annuity What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A years certain annuity is similar to othe
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