- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A whole life insurance product whose investment component pays a competitive interest rate rather than the below-market crediting rate.
Industry:Financial services
A group of stocks having a common feature, such as similar outstanding market capitalization or same product line.
Industry:Financial services
The beta of an unleveraged required return (i.e., no debt) on an investment when the investment is financed entirely by equity.
Industry:Financial services
The use of borrowed funds to finance less than 50% of a purchase of assets. In a leveraged program borrowed funds are used to finance more than 50%.
Industry:Financial services
The required return on an investment when the investment is financed entirely by equity (i.e., no debt).
Industry:Financial services
The discount rate appropriate for an investment that it is financed with 100% equity.
Industry:Financial services
Full liability for the debt and other obligations of a legal entity. The general partners of a partnership have unlimited liability.
Industry:Financial services
An Internal Revenue Service provision that allows an individual to transfer an unlimited amount of assets to a spouse, during life or at death, without incurring federal estate or gift tax.
Industry:Financial services
A municipal bond secured by the pledge to levy taxes until full repayment at an unlimited rate.
Industry:Financial services
A security traded in the over-the-counter market that is not listed on an organized exchange.
Industry:Financial services
