What is 'Valuation Mortality Table' A statistical chart that is used by insurance companies to calculate the statutory reserve and cash surrender...
What is a Habendum Clause
A Habendum Clause is a real estate legal term that refers to the portion of a deed that states the...
What is 'XW' A symbol used to signify that a security is trading ex-warrant. XW is one of many alphabetic qualifiers that...
What is 'Vacation Home' A dwelling other than the owner's primary residence that is used for recreational purposes, like vacations (hence the...
What is the 'EAFE Index' The EAFE Index is an index created by Morgan Stanley Capital International (MSCI) that serves as a...
DefinitionJacob Henry Schiff was a Jewish-American banker, businessman, and philanthropist. Among many other things, he helped finance the expansion of American railroads and the...
What is 'SAFE Investment Company (China)' The SAFE Investment Company is the Hong Kong branch of the Chinese sovereign wealth fund. The...
What is Obamanomics
Obamanomics is the economic policy pursued by US President Barack Obama. The main goals of Obamanomics are to boost job creation and...
Definition
Kaizen, is the Japanese word for "improvement". In business, kaizen refers to activities that continuously improve all functions and involve all employees from the...
What is 'Haggle' When two parties involved in the purchase of a good and service negotiate the price until both parties can...