DUAL TRIGGER
An INSURANCE mechanism that provides the INSURED with a payout only if two separate TRIGGER events occur. One trigger is often related to a traditional insurable OPERATING RISK (e.g., damage or destruction
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An INSURANCE mechanism that provides the INSURED with a payout only if two separate TRIGGER events occur. One trigger is often related to a traditional insurable OPERATING RISK (e.g., damage or destruction
The amount of trades a firm completes on a daily basis. The cost of administration and commission is added to this.
Documents and records the public has limited access to.
Organized and structured repository that has indexed information in it for easy use. Retrieving, updating, analysys, and output is much easier to do this way. It is stored in a computer by
The date when a new security is issued by the underwriters. It is different than an issue date.
An intraday LOAN created when a BANK transfers funds in excess of its balance held in a reserve account with the CENTRAL BANK. Overdrafts may also occur in the accounts of interbank
A party that is appointed as director with the firm’s articles. They have consent to hold office and have full rights. They are responsible for the acts they do.
A bank that underwrites and trades in bonds and debt securites. These are issued by the government, municipalities, or corporate entities.
Giving a summary of a condition on the situation to the parties involved.
The leverage a firm has for repaying debts. It shows capital from trade creditors and lenders. AKA leverage ratio and gearing ratio.
The linear density of yarn or filament. It is 1/10th of tex or 9/10th of a denier.
When a degradable material is broken down into simpler parts by a natural process.
A limit written on a deed to restrict control, occupancy or property use.
When a bank finaces a letter of credit they issued. It pays a beneficiary when documents but doesn’t charge until a future date. It gives time to resell goods.
1.When the economy is in a downturn due to governmental policy. The wages go down, less credit is available, less imports come in due to demand, and the citizens money is increased
The independent units of information in a sample that estimate parameters on statistics.
A rule in life insurance concerning payout of death benefits. It occurs when the beneficiary is dead and other listed must be paid.
The selling price plus charges up to delivery as decided by buyer or seller.
The factors in the market that a demographic has. An organization is affected by this and targets certain groups.
Dual Employed No Kids. Married couples that are employed but have no kids. AKA Dink. Refer to DEWK.