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Insurance

Annuity units

An essential metric utilized in the assessment of a variable annuity while it is being distributed to the recipient. The value of each unit is subject to change in accordance with the performance of an investment portfolio. This factor plays a crucial role in determining the eventual payout to the annuitant.

Life insurance policies come in various forms, and one such type is called participating life insurance. This type of policy involves a dividend, which is essentially a retu...

Contractual liability

As an expert in finance, it is crucial to understand the concept of liability in contractual agreements. These agreements outline the responsibility of specific parties to b...

An important concept in the world of insurance is the process of ratification. This is when an agent obtains the power to issue insurance policies by first writing the polic...

Accident & Accidental Death Benefit

This includes accidents caused by external, violent, and visible means. As we delve into the world of life insurance, it is important to understand the concept of accident ...

Let's discuss an important concept in the realm of finance - insurance with fully paid premiums. This refers to an insurance policy where the premiums have either been paid ...

Average adjusters

In the realm of marine insurance, there exists a title known as a "claims adjuster." This term refers to individuals who specialize in assessing and determining the value of...

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Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

Trading Terms

Trading Terms encompass terminology and phrases commonly used in financial markets, including terms

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

Currency

All terms related to the system of money in general use in a particular country, representing a medi

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Fixed Income

Investments that provide regular, fixed payments, such as bonds and treasury bills.

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

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