Tag: life

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...

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...

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...

Yuppie

Definition"Yuppie" is a term coined in the early 1980s for a young professional person working in a city. Yuppie What is 'Yuppie' ...

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...

Yearly Price Of Protection Method

What is 'Yearly Price Of Protection Method' A method used in actuarial analysis, which is often used in the insurance industry. The...

Young And Wealthy But Normal (YAWN)

What is 'Young And Wealthy But Normal - YAWN' A class of self-made millionaires that live relatively modest lives. Instead of spending...

Yearly Renewable Term Plan of Reinsurance

What is 'Yearly Renewable Term Plan of Reinsurance' A type of life reinsurance where mortality risks are transferred to a reinsurer. In...

In Play

What is 'In Play' A slang phrase used to describe a firm who has become a potential takeover target or has put...

Yearly Probability Of Dying

What is 'Yearly Probability Of Dying' A numerical figure that depicts the likelihood of someone dying per year. The yearly probability of...

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