Tag: paid
Qualified Mortgage Insurance Premium
What is a Qualified Mortgage Insurance Premium
A qualified mortgage insurance premium (MIP) is a type of mortgage insurance that homebuyers are required to purchase...
Variable Death Benefit
What is 'Variable Death Benefit' The amount paid to a decedent's beneficiary that is dependent on the performance of an investment account...
Qualified Higher Education Expense
What is 'Qualified Higher Education Expense' Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay...
Vanishing Premium
Vanishing Premium What is 'Vanishing Premium ' A type of periodic fee, paid in exchange for an insurance policy, that eventually...
Vanishing Premium Policy
What is 'Vanishing Premium Policy' A vanishing premium policy is a form of participating whole life insurance where the policyholder can use...
Family And Medical Leave Act (FMLA)
What is 'Family And Medical Leave Act - FMLA' The Family and Medical Leave Act (FMLA) was signed into law on August...
Value-Added Tax (VAT)
What is a 'Value-Added Tax - VAT' A value-added tax (VAT) is a type of consumption tax that is placed on a...
Fair Trade Price
What is 'Fair Trade Price' Fair trade price is the minimum price paid for certain agricultural products imported from developing countries. Fair...
Farm Price Index (FPI)
What is 'Farm Price Index - FPI' An index that monitors the prices received by farmers for sales including crops and livestock....
Preferred Stock
DefinitionPreferred stock is a type of stock which may have any combination of features not possessed by common stock including properties of both an...