Prout Financial Design

Terms

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Trustee

An institution, usually a bank, designated by the issuer as the custodian of funds and official representative of bondholders.

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Undervalued Stock

A stock that trades at a lower price than the issuing company’s reputation, earnings outlook, or financial situation would seem

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Underwriter

The person who reviews the application for insurance and decides if the applicant is acceptable and at what premium rate.

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Underwriting

The process by which a life insurance company determines whether it can accept an application for life insurance, and if

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Unit Investment Trust

This type of fund structure does not reinvest dividends in the fund and pays them out via a quarterly cash

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Valuation

Process of estimating the future worth of a company’s stock. One standard method of estimating the value of a company’s

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Variable Annuity

A variable annuity is a contract between you and an insurance company, under which the insurer agrees to make periodic

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Volatility

Volatility is determined by the price movement (rise or fall) of a security. Securities that experience sharp increases or declines

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Volume

Total number of shares or contracts traded on a security. Volume data is tracked and reported daily by major stock

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