Tag: policy

DefinitionThe business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its...

What is 'Know Your Client - KYC' The Know Your Client form is a standard form in the investment industry that ensures...

Inflation is well defined as a sustained increase in the general level of prices for goods and services wherein the purchasing power falls. It...

Premium, in the simplest of terms, is the total cost of any option. It is basically the sum of your option’s time and intrinsic...

What does 'Offset' mean An offset involves assuming an opposite position in regards to the original opening position. Additionally, to offset is...

What is 'Absorbed' 1. In a general business sense, when a cost is treated as an expense instead of being passed on...

DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...

What does 'Illiquid' mean Illiquid refers to the state of a security or other asset that cannot easily be sold or exchanged for cash without...

DefinitionIn business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without...

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for AccessibilitySecurity Security is freedom from, or resilience against, potential harm (or other unwanted coercive change)...