Have you ever been
stumped by financial expressions such as
‘accelerated depreciation’ or ‘asset allocation’?
Look up the meaning with our financial glossary!
To begin, just select a letter with the
dropdown menu on the left.
| A&L Management |
Is the analysis and management of the firm's assets and liabilities or balance sheet items.
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| Accelerated Depreciation |
Is an accounting technique which provides larger than straight-line depreciation amounts in the early years and smaller than straight-line depreciation amounts in the later years.
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| Acceptance |
The writing of the word 'accepted' on the face of a bill of exchange by the drawee together with his/her signature indicating that the bill will be paid when due.
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| Active Investment Strategies |
A method of managing a portfolio that requires regular decisions and adjustments to the portfolio by the investor. Decisions involve how much to buy, what to buy, when to buy and sell and how to reinvest.
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| Administrator (Administratrix) |
Refers to a person who is appointed by the Court pursuant to legal principles to administer the estate in the event of the deceased passing away without a Will that appoints an Executor/Executrix.
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| Advance-decline Line |
Measures the daily cumulative net number of stock price increases or decreases on the New York Stock Exchange.
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| Adverse Selection |
Refers to the poorer-than-average risks or less-than-desirable entities to seek or to continue insurance to a greater extent than do the better risks.
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| After-Tax Return |
The return on investments after applicable income taxes are subtracted.
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| Agency |
The relationship that exists when one person, the agent, acts on behalf of another person or entity, known as the principal.
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| Aggregate Demand |
The quantity of goods and services that households, firms and the govenment want to buy at a given price level.
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| Aggregate Supply |
The quantity of goods and services that all firms choose to produce and sell at a given price level.
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| Aggressive Growth Fund |
A mutual fund that attempts to achieve the highest capital gains. Investments held in these funds are companies that demonstrate high growth potential, usually accompanied by a lot of share price volatility. These funds are only for non risk-adverse investors willing to accept a high risk-return trade-off. Also commonly referred to as a "capital appreciation fund" or "maximum capital gains fund".
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| Aleatory Contract |
A contract that may permit one party to receive benefits greatly in excess of the benefits to be received by the other party.
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| Amortisation |
The reduction of debt by regular, periodic payment of interest and principal sufficient to pay off a loan by maturity.
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| Amortization Schedule |
A numeric table that shows how much principal and interest an individual must pay, how often and for how long to repay a loan.
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| Annuitant |
The recipient of annuity distributions.
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| Annuities |
Instruments that can provide life-long regular payments to annuitants for as long as they are alive. The six primary annuity options are: 1. Single life immediate annuity 2. Term certain annuity 3. Guaranteed annuity 4. Reversionary annuity 5. Joint life annuity 6. Joint-life and survivor annuity
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| Annuity |
1. Mathematical concept - A stream of equal payments received or paid out over a period of time at regular intervals. 2. Product - A life insurance product that is frequently used as a retirement vehicle. The annuity distrubutes funds over the lifetime of the recipient based upon pre-established criteria. The annuity may over over the lives of one or more persons, may have a specified ending date, and/or may pay a specified dollar amount.
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| Annuity Due |
An annuity for which disbursements or receipts are made at the beginning of the period, as opposed to the end of the period.
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| Anomalies |
Documented results in contrast to what one would expect in a totally efficient market. These contrasting results cannot be easily "explained away".
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