SEPARATE ACCOUNT
Separate Account is defined in two ways. First, a separate account means an investment account that is managed privately via a brokerage or financial advisor. This account buys individual assets using pooled money. Second, a separate account is the payment made to an insurance company for the investment in securities. This meaning is used in the context of variable annuities and are kept separate from the general investment of the insurer.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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A Guide to Your Personal Income Tax: Avoid Awful Surprises
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