- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
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A person who makes investments for a period of at least five years in order to finance his or her long-term goals.
Industry:Financial services
A claim for reimbursement from the insurance company when the insured has suffered a loss that is covered under an insurance policy.
Industry:Financial services
An option that no longer has any value because it has reached its expiration date without being exercised.
Industry:Financial services
Amount owed for leases, bond repayment, and other items due after 1 year.
Industry:Financial services
Money paid annually to policyholders participating in cash value life insurance policies.
Industry:Financial services
A stock with a high level of capitalization, usually at least $5 billion market value.
Industry:Financial services
A loss on the sale of a capital asset held less than 12 months that can be used to offset a capital gain.
Industry:Financial services
A contract detailing an insurance policy and outlining what risks are insured, what insurance premiums are to be paid by the policyholder, what deductibles prevail, and all the details associated with a policy.
Industry:Financial services
An accounting method that fixes the cost of goods sold to the most recent purchases. Hence, if prices are generally rising, LIFO will lead to lower accounting profitability.
Industry:Financial services