Month: September 2020

The Home Buyers’ Plan (HBP) is a Canadian program that allows individuals with registered retirement savings plans (RRSPs) to use up to $25,000 of plan holdings as a loan for a home purchase.

Brand management is a function of marketing that uses techniques to increase the perceived value of a product line or brand over time. Effective brand management enables the price of products to go up and builds loyal customers through positive brand associations and images or a strong awareness of the brand.

Zero liability policy is a condition in a credit card agreement stating that the card holder is not responsible for unauthorized charges. The zero liability policy that all major credit card issuers provide to all card holders means that any fraudulent charges that are reported or that the credit card issuer detects will be removed from the account and the account holder will not have to pay for them.

An investment company is a corporation or trust engaged in the business of investing the pooled capital of investors in financial securities. This is most often done either through a closed-end fund or an open-end fund (also referred to as a mutual fund). In the U.S., most investment companies are registered with and regulated by the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940.

The United States Agency for International Development (USAID) is a U.S. government-run international development agency. It describes itself as the world’s premier development agency. The aim of fostering development abroad is twinned with furthering American interests offshore; the agency describes its work as advancing U.S. national security and economic prosperity, demonstrating American generosity and promoting a path to recipient self-reliance and resilience.

The working ratio is a financial ratio used to measure a company’s ability to recover operating costs from annual revenue. A low, fractional working ratio is an indicator of a company’s financial sustainability. A small figure indicates expenses are eating up a small chunk of the company’s gross income and the company will have plenty of money to pay its bills. This ratio is calculated by taking the company’s total annual expenses (excluding depreciation and debt-related expenses) and dividing it by the annual gross income: read more

The EV/2P ratio is a ratio used to value oil and gas companies. It consists of the enterprise value (EV) divided by the proven and probable (2P) reserves. The enterprise value reflects the company’s total value. Proven and probable (2P) refers to energy reserves, such as oil, that are likely to be recovered.

The Japan Association Of Securities Dealers Automated Quotation (Jasdaq) is one of the Japanese stock markets that falls under the Tokyo Stock Exchange (TSE). It is an electronic security exchange based in Tokyo, Japan. It was originally an over-the-counter market and, in 1991, it became an electronic trading platform featuring an automated quotation system similar to the Nasdaq.

Insurtech refers to the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model. Insurtech is a combination of the words “insurance” and “technology,” inspired by the term fintech.

Loss ratio is used in the insurance industry, representing the ratio of losses to premiums earned. Losses in loss ratios include paid insurance claims and adjustment expenses. The loss ratio formula is insurance claims paid plus adjustment expenses divided by total earned premiums. For example, if a company pays $80 in claims for every $160 in collected premiums, the loss ratio would be 50%.