Tag: terms

What is 'Federal Direct Loan Program ' A program that provides low-interest loans to postsecondary students and their parents. The William D....

DefinitionA savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the...

What is a 'Fallen Angel' A fallen angel is a bond that was given an investment-grade rating but has since been reduced...

What are Fixed Assets Fixed assets are physical or tangible assets that are long-term in nature and are not expected to be converted into cash...

What is 'Fair Trade Price' Fair trade price is the minimum price paid for certain agricultural products imported from developing countries. Fair...

What is 'Farmout' Farmout is the assignment of part or all of an oil, natural gas or mineral interest to a third...

What is a Fair Market Value Purchase Option A Fair Market Value Purchase Option is an agreement between a buyer and a seller that gives...

Waiver Of Restoration Premium What is 'Waiver Of Restoration Premium ' A clause in an insurance policy that says that the...

Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company...

Most people only think about water damage insurance when they are in the middle of a flood or some other major water emergency. But...