Valuation premium is a rate set by a life insurance company based on the value of the company’s policy reserves. A company’s policy reserve represents the present value of the future cash flows of an insurance policy, and the total liability of the insurer is the sum of the actuarial reserves for every individual policy.
Ratio analysis is a quantitative method of gaining insight into a company’s liquidity, operational efficiency, and profitability by studying its financial statements. Ratio analysis is a cornerstone of fundamental equity analysis.
A trade signal is a trigger for action, either to buy or sell a security or other asset, generated by analysis. That analysis can be human generated using technical indicators, or it can be generated using mathematical algorithms based on market action, possibly in combination with other market factors such as economic indicators.
Securities lending is the act of loaning a stock, derivative or other security to an investor or firm. Securities lending requires the borrower to put up collateral, whether cash, security or a letter of credit. When a security is loaned, the title and the ownership are also transferred to the borrower.
White label products are sold by retailers with their own branding and logo but the products themselves are manufactured by a third party. White labeling occurs when the manufacturer of an item uses the branding requested by the purchaser, or marketer, instead of its own. The end product appears as though it has been produced by the purchaser. White label products are easily spotted on store shelves, as they have that retailer’s own name (commonly known as the store brand) on the label—for example, Whole Foods Market’s 365 Everyday Value line of products.
The mill rate is the amount of tax payable per dollar of the assessed value of a property. The mill rate is based on mills. It is a figure that represents the amount per $1,000 of the assessed value of the property, which is used to calculate the amount of property tax.
Qualifying disposition refers to a sale, transfer, or exchange of stock that qualifies for favorable tax treatment. Individuals typically acquire this type of stock through an incentive stock option (ISO), or through a qualified employee stock purchase plan (ESPP). A qualified ESPP requires shareholder approval before it is implemented. Furthermore, all plan members must have equal rights in the plan.
A Guaranteed Lifetime Withdrawal Benefit (GLWB) is a rider to a variable annuity contract that allows for withdrawals, either regular or occasional, to be made from an annuity during the accumulation phase without penalty. The annuitant pays for the GLWB rider with additional fees that are added to the total value of the annuity contract. The amount of money that is allowed to be withdrawn is a percentage of the total value of the annuity.
The mill rate is the amount of tax payable per dollar of the assessed value of a property. The mill rate is based on mills. It is a figure that represents the amount per $1,000 of the assessed value of the property, which is used to calculate the amount of property tax.
Qualifying disposition refers to a sale, transfer, or exchange of stock that qualifies for favorable tax treatment. Individuals typically acquire this type of stock through an incentive stock option (ISO), or through a qualified employee stock purchase plan (ESPP). A qualified ESPP requires shareholder approval before it is implemented. Furthermore, all plan members must have equal rights in the plan.