Interest Rate Risk is the risk that arises from changes in the interest rate. It is the risk that the value of a financial instrument will change due to a change in the interest rate. More »
Financial decisions are the choices made by individuals and businesses regarding the allocation of their financial resources. These decisions can have a significant impact on an individual's or business's financial well-being. More »
Qualitative data is non-numerical information that is used to describe or explain a phenomenon. It is often collected through interviews, focus groups, and observations, and is used to gain insight into people's attitudes, behaviors, and motivations. More »
Quantitative data is numerical data that can be measured and compared. It is used to quantify the characteristics of a population or phenomenon, such as the number of people in a certain age group or the average temperature of a city. More »
Whole life insurance is a type of permanent life insurance policy that provides coverage for the insured's entire life. It also includes a savings component that accumulates cash value over time. More »
Term life insurance is a type of life insurance policy that provides coverage for a specific period of time, usually between 10 and 30 years. It pays a death benefit to the beneficiary if the insured person dies during the term of the policy. More »
Cash Value is the amount of money that an insurance policy is worth at any given time. It is the sum of the policy's accumulated premiums, minus any outstanding loans and fees. More »
Death benefit is a payment made to the beneficiary of a life insurance policy upon the death of the insured. It is intended to provide financial security to the beneficiary in the event of the insured's death. More »
Financial security is the ability to have enough money to cover all of your expenses and have some left over for savings and investments. It is achieved by having a steady income, budgeting, and making wise financial decisions. More »
High Return is the amount of money earned on an investment relative to the amount of money invested. It is usually expressed as a percentage. More »
Utilization is the process of using resources efficiently to achieve a desired outcome. It is a measure of how much of a resource is used in a given period of time. More »
Identification is the process of recognizing someone or something based on previously established criteria. It is often used to verify the identity of a person or object in order to gain access to a secure area or system. More »
Return on Assets (ROA) is a financial ratio that measures the profitability of a company in relation to its total assets. It is calculated by dividing the company's net income by its total assets. More »
Return on Equity (ROE) is a measure of a company's profitability that calculates how much profit a company generates with the money shareholders have invested. It is calculated by taking a company's annual return (net income) divided by the value of its total shareholders' equity (book value). More »