Terms

The rate at which life insurance policies terminate because of failure to pay the premiums. When policies are lapsed before […]

Level premium term insurance refers to a life insurance policy for which premiums remain the same from year to year

Margin and use of option contracts are forms of leverage which allow investors to enhance their returns without adding to

A defined contribution retirement plan in which a company leverages its credit to borrow money to fund the retirement plan.

The main objective of leveraged ETFs is to deliver magnified performance of a particular stock, bond or commodity index. Most

An amount owed to a person or organization for borrowed funds. Loans, notes, bonds, and mortgages are forms of debt.

A diversified mutual fund that automatically shifts towards a more conservative mix of investments as it approaches a particular year

The probability of an individual living to a certain age according to a particular mortality table. This is the beginning

Liquidity refers to the ability to convert an asset to cash without substantially affecting its price. Assets that are quickly

The amount that investors pay when they buy (front-end load) or redeem (back-end load) shares in a mutual fund, similar