Finance

Substandard Insurance Definition

What is substandard insurance? A person who may not qualify for a standard insurance policy may receive a substandard insurance…

What is a business inversion? A corporate inversion – also called a tax inversion – is a process by which…

Healthcare companies have seen a surge in investor interest over the past year for obvious reasons. With 2021 off to…

With new cars averaging over $47,000 and used cars over $28,000, very few people can just walk into the dealership,…

What is a Saturday Night Special? A Saturday Night Special is now obsolete buyout strategy which involved one company attempting…

What is a 529 plan? A 529 plan is a tax-efficient savings plan designed to help pay for education. Initially…

What is Willie Sutton's rule? The Willie Sutton Rule is based on a statement by notorious American bank robber Willie…

What is an ABA transit number? ABA transit numbers, also known as ABA routing or transfer numbers, are used to…

What is a forward repurchase agreement? Under a forward repurchase agreement (term repo), a bank agrees to buy securities of…

What is a trading room? A dealing room refers to a physical area in which trading activities in financial instruments,…