Tag: single
Unconditional Probability
What is 'Unconditional Probability
The definition of unconditional probability is the chance that a single outcome results from a sample of possible outcomes. To find...
Qualified Joint And Survivor Annuity (QJSA)
What is 'Qualified Joint And Survivor Annuity - QJSA'
An annuity payment from a qualified plan or 403(b) account that provides a life annuity to...
Family Offices
DefinitionThe term family office can refer to a family controlled investment group, and also the two major terms: single family office or multi-family office....
Joint Life With Last Survivor Annuity
What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and...
Hard Inquiry
What is 'Hard Inquiry' A type of credit report check that may lower an individual's credit score. A hard inquiry occurs when...
Land Value Tax (LVT)
What is 'Land Value Tax - LVT' A tax on the value of a piece of land. Land value tax inherently makes...
Obligor
What is an obligor
An obligor is a legal entity that is obligated to make payments on a debt or other financial obligation. The term...
Zero Balance Account (ZBA)
What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of...
Quadruple Witching
What is 'Quadruple Witching'
Quadruple witching refers to an expiration date that includes stock index futures, stock index options, stock options and single stock futures....
KRW (Korean Won)
What is 'KRW' The currency abbreviation or currency symbol for the Korean won (KRW), the former currency for Korea. The won was...