Tag: named

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...

What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts,...

What is the NAFCU and what does it do The National Association of Federal Credit Unions is a trade association that represents the interests of...

What is 'Narrow-Based Weighted Average' An anti-dilution provision used to ensure that investors are not penalized when companies are undergoing additional financing...

What is 'Mad Hatter' A mad hatter is a chief executive officer (CEO) or managerial team whose ability to lead a company...

What is Pareto Improvement Pareto Improvement is defined as a change to a situation which results in one person becoming better off without anyone else...

DefinitionPareto analysis is a formal technique useful where many possible courses of action are competing for attention. In essence, the problem-solver estimates the benefit...

What is a Veblen Good A Veblen good is a type of consumer good for which demand increases as the price increases. This occurs because...

DefinitionVance D. Coffman was the chairman of the board and chief executive officer of Lockheed Martin Corporation. He was elected to the board of...

Warehouse-To-Warehouse Clause What is 'Warehouse-To-Warehouse Clause ' A clause in an insurance policy that provides for coverage of cargo in transit....