LIFE INSURANCE
A coverage that will substitute the insured’s income in the event the insured passed away. The named beneficiary receives the proceeds of the insurance and will be safeguarded from the financial impact of the insured’s death. Policyholders purchase insurance coverage from an insurance company and pay periodic amounts or premium for the duration of the insurance. There are four major types of life insurance policies: term life insurance, whole life insurance, endowment life policy, and annuity. Also called life assurance.
POPULAR TERMS
Civil Service Retirement System - CSRS
System establishing the retirement, disability, and survivor benefits for certain Federal employees. The Federal Employees Retirement System (FERS) ...
Division of Corporate Finance
Branch of the Securities and Exchange Commission in the United States, which is responsible for ensuring investors will have the right level of inf ...
Big Board
Name given to the New York Stock Exchange. Being the oldest stock exchange in the United States and the biggest stock exchange in market capitaliza ...
Buy to Open
Describing the opening of a long position in option transactions. Used by several brokerages, opening the position is not held short in the account ...
Hart-Scott-Rodino Antitrust Improvements Act of 1976
A law passed by President Ford that requires large companies to file a report with the Federal Trade Commission and Department of Justice before co ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Mar | |
| 02:00 | ANZ Business Confidence | Mar | |
| 02:30 | Private Sector Credit | Feb | |
| 03:30 | PMI Manufacturing | Mar | |
| 03:30 | Non-Manufacturing PMI | Mar | |
| 07:00 | Housing Starts | Feb | |
| 08:00 | Retail Sales | Feb | |
| 08:00 | Import Price Index | Feb | |
| 10:30 | Mortgage Approvals | Feb |
