Tag: primary
Health Maintenance Organization (HMO)
DefinitionIn the United States, a health maintenance organization is a medical insurance group that provides health services for a fixed annual fee. It is...
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...
Named Beneficiary
What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts,...
Bagel Land
What is 'Bagel Land' A slang term that represents a stock or other security that is approaching $0 in price. Arriving in...
Call Over
What is 'Call Over' When the buyer of a call option exercises the option. In options trading, the buyer of a call...
Qualified Personal Residence Trust (QPRT )
What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows its creator to remove a personal...
Federal Discount Rate
What is the 'Federal Discount Rate' The federal discount rate is the interest rate set by the Federal Reserve on loans offered...
Fast Market
What is 'Fast Market' A condition that will be officially declared by a stock market exchange when the financial markets are experiencing...
Watercraft Nonowned Insurance
Watercraft Nonowned Insurance What is 'Watercraft Nonowned Insurance ' A type of financial safeguard that covers marine vessels that are owned...
Raw Materials
DefinitionA raw material, also known as a feedstock or most correctly unprocessed material, is a basic material that is used to produce goods, finished...