Tag: wealth

Wealth Management

DefinitionWealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals, small-business owners...

Generally Accepted Principles And Practices (GAPP)

What is 'Generally Accepted Principles And Practices - GAPP' Standardized business procedures related to the operation of sovereign wealth funds (SWFs). The...

Wealth Tax

DefinitionA wealth tax is a levy on the total value of personal assets, including: bank deposits, real estate, assets in insurance and pension plans,...

Weak Shorts

What is 'Weak Shorts' Traders or investors who hold a short position in a stock or other financial asset who will close...

Gap Amount

What is 'Gap Amount' Insurance will only cover a certain amount of coverage if leased items are stolen or totaled. There is...

Generation Gap

What is a 'Generation Gap' A generation gap consists of the differences in opinions expressed by members of two different generations. More...

Generation-Skipping Trust

What is a 'Generation-Skipping Trust' A generation-skipping trust is a type of legally binding trust agreement in which the contributed assets are...

Generation-Skipping Transfer Tax (GSTT)

What is 'Generation-Skipping Transfer Tax - GSTT' A tax incurred when there is a transfer of property by gift or inheritance to...

Generational Accounting

DefinitionGenerational accounting is a method of measuring the fiscal burdens facing today's and tomorrow's children. Laurence Kotlikoff's individual and co-authored work on the relativity...
Tangible Asset

Tangible Asset

What is a tangible asset A tangible asset is an asset with a physical form. Tangible assets include both fixed assets, such as buildings and...

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