Tag: types

DefinitionIn economics and finance, risk aversion is the behavior of humans, when exposed to uncertainty, in attempting to lower that uncertainty. It is the...

DefinitionA mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...

What is depreciation and how does it work Depreciation is an accounting method used to spread the cost of a long-term asset over its useful...

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

Any resource which has an economic value is termed as an asset. An asset is controlled by either an individual or an organization in...

What is 'Callable Certificate Of Deposit' An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types...

What is an 'Import' An import is a good or service brought into one country from another. The word "import" is derived...

Cash flow refers to the total or net amount of cash and its equivalents that move in and out of an organization. If a...

What is a 'Call Deposit Account' A call deposit account is a bank account for investment funds that offers the advantages of both a savings...

What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and...