- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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An insurance term referring to the relationship between a policy's insured person or property and the potential beneficiary. The beneficiary must have an insurable interest in the insured person or property to receive payment of the policy if the insured died while the policy was in force.
Industry:Financial services
Contracts that state exchange rate at which a specified amount of a particular currency can be exchanged at a future date (more than one year from today).
Industry:Financial services
Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed-upon sum to the insured in the event of loss.
Industry:Financial services
The ratio of a change in the option price to a small change in the option volatility. It is the partial derivative of the option price with respect to the option volatility.
Industry:Financial services
A profit on the sale of a capital assets held longer than 12 months, and eligible for long-term capital gains tax treatment.
Industry:Financial services
The insurance company representative and adviser who sells insurance policies.
Industry:Financial services
A method of real estate financing; a mortgage-holding seller finances a buyer by taking a down payment and subsequent payments in installments, but holds the title until the mortgage is fully repaid.
Industry:Financial services
Financial goals expected to be accomplished in five years or longer.
Industry:Financial services
A broker, independent of any insurance company, who represents the interests of the buyer in searching for insurance coverage at the lowest cost and providing the highest benefit to the buyer.
Industry:Financial services
