Tag: life
One Man Picture
What is 'One Man Picture' A situation in which the bid quote and ask quote for a security is provided by a...
Main Home
What is 'Main Home' A term used by the Internal Revenue Service (IRS) to define the home a taxpayer has lived in...
Management Risk
What is 'Management Risk' The risks associated with ineffective, destructive or underperforming management, which hurts shareholders and the company or fund being...
Absolute Beneficiary
What is 'Absolute Beneficiary' A designation of a beneficiary that can not be changed without the written consent of that beneficiary. Also...
Annuity
An annuity can be best defined as a financial product which is exclusively designed and offered by insurance companies to help individuals grow funds....
Accelerated Death Benefit (ADB)
What is an 'Accelerated Death Benefit - ADB' An accelerated death benefit (ADB) is a benefit that can be attached to a...
Absolute Physical Life
What is 'Absolute Physical Life' The length of time that it takes for an asset takes to become fully depreciated, at which...
Accelerated Benefits
What is 'Accelerated Benefits' A clause in certain life insurance policies that enables the policy holder to receive the benefits before death....
Accelerated Depreciation
DefinitionAccelerated depreciation refers to any one of several methods by which a company, for 'financial accounting' or tax purposes, depreciates a fixed asset in...
Assets under Management
DefinitionIn finance, assets under management, sometimes called funds under management, measures the total market value of all the financial assets which a financial institution...