Tag: policy
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...
Yield Curve
A yield curve depicts interest rates of bonds having different maturities, but same credit quality, at a specific point in time. The yield curve...
Yearly Renewable Term Plan of Reinsurance
What is 'Yearly Renewable Term Plan of Reinsurance' A type of life reinsurance where mortality risks are transferred to a reinsurer. In...
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...
In Sight
What is 'In Sight' A term describing deliverable grades of commodities underlying futures contracts that are held in approved delivery facilities near...
Illiquid Option
What is 'Illiquid Option' An option contract that cannot be sold for cash quickly at the prevailing market price. Illiquid options have...