Tag: typically

DefinitionPenny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share....

What is Private Mortgage Insurance Private mortgage insurance is insurance that protects a lender in the event that a borrower defaults on a conventional home...

DefinitionA variable-rate mortgage, adjustable-rate mortgage, or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an...

DefinitionA fairness opinion is a professional evaluation by an investment bank or other third party as to whether the terms of a merger, acquisition,...

What is 'Family Limited Partnership - FLP' A type of partnership designed to centralize family business or investment accounts. FLPs pool together...

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

Waiver Of Premium For Payer Benefit What is 'Waiver Of Premium For Payer Benefit ' A clause in an insurance policy...

What is a 'Waiver Of Subrogation' A waiver of subrogation is a contractual provision where one party agrees to limit the rights...

Target-date funds are a type of mutual fund that is designed to meet the investment needs of a particular target date. They are often...

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...