Tag: terms

Why Is Undercapitalization a Problem? And How You Can Fix It Undercapitalization is a condition in which a business does not have enough funds to...

What is 'Abandonment Value' The value of a project or asset if it were immediately liquidated or sold. The abandonment value of...

What is a 'Range' The difference between the low and high prices for a security or index over a specific time period....

Premium, in the simplest of terms, is the total cost of any option. It is basically the sum of your option’s time and intrinsic...

DefinitionA credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on...

DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...

DefinitionA certificate of deposit is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and...

DefinitionSavings.com is a website that offers coupons and promotional savings, known as "deals," redeemable at nationally recognized merchant web sites and stores. Savings.com sources...

Definition Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of...

What is 'Value' The monetary, material or assessed worth of an asset, good or service. In accounting, value describes what something is...