Tag: policy

What is AARP and what do they offer The American Association of Retired Persons, or AARP, is a nonprofit organization that provides benefits and discounts...

DefinitionTailgating is when a driver drives behind another vehicle while not leaving sufficient distance to stop without causing a collision if the vehicle in...

What is 'Pacific Rim' The Pacific Rim is a geographic area surrounding the edges of the Pacific Ocean. The Pacific Rim covers...

What is 'Paid-Up' The state of a settlement when all payment obligations for a security have been completed in a customer account....

What is a naked call A naked call is an options strategy in which the investor writes (sells) a call option on a security without...

What is 'G7 Bond' A term used to refer to government bonds issued by a nation in the Group of Seven (G7)....

What is 'Daily Factor' A decimal representing the portion of an annual yield earned in one day. Daily factors are often reported...

What is 'Y-Share' A class of mutual fund shares that often has a high minimum investment, such as $500,000 per lot, and...

What is 'Valoren Number' An identification number assigned to financial instruments in Switzerland. These numbers are similar to the CUSIP numbers that...

How do you find the real rate? The real interest rate can be calculated by removing the inflation rate from the current nominal interest...