Tag: policy
Death Benefit
What is 'Death Benefit' Death benefit is the amount on a life insurance policy, annuity or pension that is payable to the...
Dangling Debit
What is 'Dangling Debit' A debit entry with no offsetting credit entry. Dangling debit occurs when a company purchases goodwill or services...
Day-Around Order
What is 'Day-Around Order' An order that cancels and replaces a previously submitted day order, producing a new request with an adjusted...
Underinsured Motorist Endorsement
What is 'Underinsured Motorist Endorsement' An added provision or attachment to an automobile insurance policy that provides insurance coverage to the policyholder...
Ultrafast Trading
What is 'Ultrafast Trading' A lucrative and highly competitive method of stock trading that uses special software that works in milliseconds to...
Unconventional Oil
DefinitionUnconventional oil is petroleum produced or extracted using techniques other than the conventional method. Oil industries and governments across the globe are investing in...
Wealth
What is 'Wealth' Wealth measures the value of all the assets of worth owned by a person, community, company or country. Wealth...
Warrant
What is a 'Warrant' A warrant is a derivative that confers the right, but not the obligation, to buy or sell a security – normally...
Unchanged
What is 'Unchanged' A situation in which the price or rate of a security does not change between two periods. This can...
Unauthorized Insurance
What is 'Unauthorized Insurance' A phony plan that claims to provide financial protection against unforeseen and potentially catastrophic events. Unauthorized insurance is...