Sunday, May 11, 2008 Register ∴ Login 
FinancialExams.com
 Search Site
Home Home
Records Per Page:

Insurance claim
A claim for reimbursement from the insurance company when the insured has suffered a loss that is covered under an insurance policy.
Insurance dividend
Money paid annually to policyholders participating in cash value life insurance policies.
Insurance policy
A contract detailing an insurance policy and outlining what risks are insured, what insurance premiums are to be paid by the policyholder, what deductibles prevail, and all the details associated with a policy.
Insurance premium
Payments calculated by the insurance company based on risk factors that must be made by the insured to guarantee protection of property loss under an insurance policy.
Insurance principle
The law of averages. The average outcome for many independent trials of an experiment will approach the expected value of the experiment.
Insurance settlement
The payment of proceeds by an insurance company to the insured to settle an insurance claim within the guidelines stipulated in the insurance policy.
Insured
The property or persons covered by an insurance policy.
Insured account
A bank or financial account that is insured for the benefit of the depositor, protecting against loss in the event that the savings institution becomes insolvent. See: FDIC.
Insured bond
A municipal bond backed both by the credit of the municipal issuer and by commercial insurance policies.
Insured plans
Defined benefit pension_plan that are guaranteed by life insurance products. Related: Non-insured plans
Insured Trade Acceptance
A trade acceptance where the buyer's ability to pay is insured.
Intangible asset
A legal claim to some future benefit, typically a claim to future cash. Goodwill, intellectual property, patents, copyrights, and trademarks are examples of intangible assets.
Integer programming
Variant of linear programming in which the solution values must be integers.
Integrated financial market
A market in which there are no barriers to financial flows, and the same risk asset commands the same expected return, irrespective of domicile.
Intellectual property rights
Patents, copyrights, and proprietary technologies and processes that may be the basis of a company's competitive advantage.
Inter vivos trust
A trust created between living persons. Antithesis of a testamentary trust.
Interbank market
Financial institutions exchange of currencies between and among themselves.
Interbank rate
See: LIBOR
Interbank spread
The difference between a bank's offer and bid rates for deposits in the Eurocurrency market.
Intercommodity spread
In the commodities market, a spread consisting of a long position and a short position in different but related commodities for example, speculating that the price relationship between the two commodities will change, e.g., platinum and gold.
Intercompany loan
Loan made by one unit of a corporation to another unit of the same corporation.
Intercompany transaction
Transaction carried out between two units of the same corporation.
Interdelivery spread
Used in futures or options market to refer the purchase of one month of a contract and selling another month in the same contract, in the hope that the price difference will widen or narrow, depending on the investment.
Interest
The price paid for borrowing money. It is expressed as a percentage rate over a period of time and reflects the rate of exchange of present consumption for future consumption. Also, a share or title in property.
Interest coverage ratio
The ratio of earnings before interest and taxes to annual interest expense. This ratio measures a firm's ability to pay interest.
Page 9 of 17First   Previous   4  5  6  7  8  [9]  10  11  12  13  Next   Last   

ExamSaver Exam Saver CFA,Chartered Financial Analyst CFA Exam CFA Exams Online Exam CFA level 1 CFA Institute 

  Copyright © 1998 - 2008 by FinancialExams™ USA, All Rights Reserved
  
  Privacy Statement  Terms Of Use  
CFA Institute does not endorse or warrant the accuracy or quality of the products or services offered by FinancialExams.com™. CFA Institute®, CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.