Category: Finance Dictionary

The first decisions of an insurance agent about the possible client to see if they meet underwriting standards.

A material that is .25 mm thick. Anything thinner is foil. The thicker stuff is a sheet.

An organization that takes deposits and lends to a consumer or businesses.

When the money supply cannot keep up with the demand for it. It means that money is no longer as liquid as it used to be. The effects banks because the funds

An organization that is a channel between the parties involved in funds transfer between fund savers and fund borrowres. They are depository or nondepository insurance companies. Depository banks pay interest on a

Analysis using statement items that reveal their logical relationships.

The financing done by a firm to get the support they need for their operations. It is the structure of the companies finances.It shows investments, long term loans, short term loans, short

A fee paid to the middle man for arranging a deal, loan arrangement, or investment arrangement.

A substance added to materials to prevent fire, delay fire, or reduce the combustion. AKA flame retardant.

Funds given by lenders or investors outside a firm. It happens when growth occurs at a steady rate and more is needed to keep up.More capital will be needed after the inital

The profit a government collects. It depends on taxes, exemptions, and breaks that individuals or businesses are offered. It estimates the total amount that can be collected. It is a percent of

External factors like new competitors, existing competitors, substitute products, buyers, and suppliers. It shows how viable a market is and how much profit can be expected should the firm choose to invest.

Overhead expenses that are related to production capacity but not the level of output. It can be rent, interest, and insurance. Refer to fixed charge.

PREMIUM payable by an INSURED for an INSURANCE contract that remains constant during the payment period. See also FLEXIBLE PREMIUM.

A TRIGGER in an INSURANCE contract that indicates whether or not an event has occurred; a fixed trigger does not typically impact the payoff value of the contract, it simply indicates whether

The total responses to a survey of managers. It shows the economic conditions. It pertains to the service sector. It uses 85% of the surveys taken.

When choices are offered in benefits to suit the needs of the employee. They can choose their unique combinations to meet their requirements.

Printing using photo polymer printing plates to stamp inks onto paper on a roll or other materials. It is used on labels and other flexible packages. It is not good for fine

Insurance for property that is moved to a new location. The perils of transport are covered.

An OVERTHECOUNTER OPTION on a FLOOR, granting the buyer the right to purchase a floor at a predetermined STRIKE PRICE. See also CAP, CAPTION.