Terms

Insurability is defined as the ability of an insurance applicant to be accepted by an insurer, based on health, occupation, […]

Insurable interest refers to a potential beneficiary who has a vested financial interest in the life of another person and

A non-physical asset that represents a competitive advantage to a company, such as brand name, a trademark, patents or other

Interest is the cost of borrowed money. It may be the payment you receive from an investment, such as a

Goods that a company has produced or purchased, but not yet sold. Inventory is considered an asset. If inventory is

An investment adviser is a firm or an individual that, for compensation, engages in the business of advising others as

Bonds that are believed to have a lower risk of default and receive higher ratings by the credit rating agencies,

The entity obligated to pay principal and interest on a bond.

A Keogh plan is a tax-deferred defined benefit or defined contribution plan that is established by a self-employed individual for

A large company or large cap stock generally refers to companies with a market capitalization or size over $5 billion.