Tag: policy
Yearly Renewable Group Term Insurance
What is 'Yearly Renewable Group Term Insurance ' A type of insurance policy purchased by employers to cover several people at a...
Yo-Yo
DefinitionA yo-yo is a toy consisting of an axle connected to two disks, and a string looped around the axle. It has some similarities...
Yield-Based Option
What is 'Yield-Based Option' A type of debt-instrument-based option that derives its value from the difference between the exercise price and the...
Yearly Price Of Protection Method
What is 'Yearly Price Of Protection Method' A method used in actuarial analysis, which is often used in the insurance industry. The...
Inactivity Fee
What is 'Inactivity Fee' 1. A sum charged to investors who haven't engaged in any buying or selling activities in their brokerage...
In-Service Withdrawal
What is 'In-Service Withdrawal' A withdrawal made from a qualified plan account before the holder experiences a triggering event. A triggering event,...
In Specie
What does 'In Specie' mean In specie is a phrase describing the distribution of an asset in its present form, rather than...
Icarus Factor
Definition"The Icarus Factor" is the 14th episode of the second season of the American science fiction television series Star Trek: The Next Generation, the...
Impound
What is 'Impound' An account maintained by mortgage companies to collect amounts such as hazard insurance, property taxes, private mortgage insurance and...
In-House
What is 'In-House' In-house refers to conducting an activity or operation within a company, instead of relying on outsourcing. A firm uses...