Tag: union
Health Savings Account (HSA)
What is a 'Health Savings Account - HSA' A Health Savings Account (HSA) is an account created for individuals who are covered...
Kremlinomics
What is 'Kremlinomics' A financial buzz word used to describe economic policies which some view to be overly leftist. Kremlinomics alludes to...
Harmonized Index Of Consumer Prices (HICP)
What is the Harmonized Index of Consumer Prices (HICP)?
The Harmonized Index of Consumer Prices (HICP) is a measure of inflation produced by Eurostat, the...
Inactivity Fee
What is 'Inactivity Fee' 1. A sum charged to investors who haven't engaged in any buying or selling activities in their brokerage...
National Association Of Federal Credit Unions (NAFCU)
What is the NAFCU and what does it do
The National Association of Federal Credit Unions is a trade association that represents the interests of...
Official Strike
What is an official strike
A strike is a work stoppage caused by the refusal of employees to work. It is usually in response to...
Caisse Populaire
What is 'Caisse Populaire' A cooperative, member-owned financial institution that fulfills traditional banking roles as well as diverse activities such as lending,...
Passbook Loan
What is 'Passbook Loan' A personal loan extended to a savings-account holder by the custodial bank. Passbook loans use the balance of...
Impose
What is 'Impose' The act of placing a fee, levy, tax or charge on an asset or transaction to the detriment of...
Variable-Rate Certificate Of Deposit
What is a Variable-Rate Certificate of Deposit (VRCD)?
A variable-rate certificate of deposit (VRCD) is a type of investment account that offers a variable interest...