Tag: wealth
Paraplanning
What is 'Paraplanning' A relatively new position within the financial planning industry that involves the performance of the administrative duties of a...
Paper Millionaire
What is 'Paper Millionaire' An individual who has achieved a high net worth as a result of the large total market value...
Quality Of Life
What is 'Quality Of Life' Quality of life is a highly subjective measure of happiness that is an important component of many...
Value Added
What is 'Value Added' Value-added describes the enhancement a company gives its product or service before offering the product to customers. Value-added...
Family Of Funds
What is 'Family Of Funds' A group of mutual funds offered by one investment or fund company. Generally, the constituent funds cover...
Family Income Rider
What is 'Family Income Rider' An addition to a life insurance policy that provides the beneficiary with an amount of money equal...
False Signal
What is 'False Signal' In technical analysis, a false signal refers to an indication of future price movements which gives an inaccurate...
Family Limited Partnership (FLP)
What is 'Family Limited Partnership - FLP' A type of partnership designed to centralize family business or investment accounts. FLPs pool together...
War Babies
What is 'War Babies' A name given to securities in companies that are defense contractors. These securities are called war babies because...
Wealth Added Index (WAI)
What is 'Wealth Added Index - WAI' A metric designed by Stern Stewart & Co consulting firm that attempts to measure wealth...