Tag: understand
Call Privilege
What is 'Call Privilege' The provision in a bond indenture that gives the bond issuer the option to redeem all or part...
Value Network
Three Ways to Define a Value Network
A value network is a graphical representation of social and technical resources. Each node represents people, roles, and...
Velocity Of Money
DefinitionThe term "velocity of money" refers to how fast money passes from one holder to the next. It can refer to the income velocity...
Free Cash Flow
DefinitionIn corporate finance, free cash flow or free cash flow to firm is a way of looking at a business's cash flow to see...
Weak Sister
What is 'Weak Sister' An element that undermines the entire system. Weak sister can either refer to a single individual or a...
Waterfall Concept
What is 'Waterfall Concept' A life insurance plan that provides a tax benefit in regards to intergenerational transfers of wealth. The concept...
Warehouse-To-Warehouse Clause
Warehouse-To-Warehouse Clause What is 'Warehouse-To-Warehouse Clause ' A clause in an insurance policy that provides for coverage of cargo in transit....
Warehouse Lending
What is 'Warehouse Lending'
Warehouse lending is a line of credit given to a loan originator to pay for a mortgage the borrower used to...
Gamma
What is 'Gamma' Gamma is the rate of change in an option's delta per 1-point move in the underlying asset's price. Gamma...
Dealer Bank
What is 'Dealer Bank' A commercial bank authorized to buy and sell government debt securities including federal and municipal bonds. This debt...