TO BE ANNOUNCED (TBA)
A mortgage that trades as a when issued security. Its presence is announced but the price is not decided yet.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A mortgage that trades as a when issued security. Its presence is announced but the price is not decided yet.
When a companies captives can access reinsurance markets. A small percentage of exposure is insured through reinsurance.
It means outside ones jurisdiction. It is any financial action that is not covered legally under a companies laws. A third party can sue if this is mismanaged.
An auditor who is not part of the company who verifies the honesty of the financial records given.
When a directors duties are given to creditors before insolvency occurs. This protects assets in the failing business.
When security price falls causing a stop loss order. The price will rebound. Or a raise in price that trigger purchases lowering stock price.
an early mortality table which showed the actual mortality experienced by those insured by major insurers between 1925 and 1934.
When an insurance company requires premiums be paid to prevent loss.
A swap of actual and fixed inflation rates. They mature in 10 or more years and are structured as annual inflation or a zero coupon inflation swap. Also called a consumer price
The exchange rate of currency as applied to insurance rates.
A note that allows investors coupon interest rates.
The process used to describe asset price fluctuation.
A reason that is legally acceptable or sufficient. A request’s just cause is essential to get certain court action. Also known as good cause.
A group of companies who have a shared interest but are not organized into a central company. Refer to Chaebol.
Individual whose loss may cripple an organization. Knowledge, creativity, inspiration, reputation, and/or skills are essential assets for organizational viability and growth.
Trend reversal candlestick pattern. Rather reliable predictor that a change in the direction of a trend is occurring. The fundamentals of a company being researched begin to show change along side this
An article taken apart, folded, or telescoped to reduce its shipping size by at least one third (33 1/3 percent) of its assembled bulk or size. Such articles, be they bicycles, fans,
Russian economist Nikolai Dmitrijewitsch Kondratieff (1892-1938) propose this cycle. The usual boom-bust cycles characteristic of a capitalist economy plays out over a period of about 60 years of major capital goods expansion
Financial market, economic indicators that only change following economic change to a new trend or pattern. Usually six months precedes a shift in these indicators, trailing behind the overall economic cycle versus
Time-bound tally of expired insurance policies versus the tally of the same-period’s new policies written. An insurer’s measurement. Also known as expiration ratio.