Tag: primary

What is Umbrella Insurance and what does it cover An Umbrella insurance policy is an insurance policy that provides additional coverage beyond the limits of...

What is 'Umbrella Personal Liability Policy' A type of insurance policy that provides excess coverage above and beyond the liability coverage amounts...

Define Economic Capital Economic capital refers to the money that a business or individual has available to invest in new ventures or cover unexpected expenses....

What is a C Corporation A C corporation is a business structure in which the company's shareholders own its assets and are liable for its...

What is 'O' A component of a stock symbol that indicates the shares of that stock are a second class of preferred...

What is 'Paid-Up Capital' Paid-up capital is the amount of money a company has received from shareholders in exchange for shares of...

What is 'Occupancy Fraud' A type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner...

DefinitionPaid in capital refers to capital contributed to a corporation by investors through purchase of stock from the corporation. It includes share capital as...

What is 'Vacation Home' A dwelling other than the owner's primary residence that is used for recreational purposes, like vacations (hence the...

What is the IMF Nonfuel Commodity Index The Index is a weighted average of a broad basket of nonfuel commodities. The index was first published...