Macro-Hedge
What is 'Macro-Hedge' An investment technique used to eliminate the risk of a portfolio of assets. In most cases, this would mean...
Baby Boomer
What are baby boomers and what generation do they belong to
A baby boomer is a person who was born between 1946 and 1964. So,...
Valuation Mortality Table
What is 'Valuation Mortality Table' A statistical chart that is used by insurance companies to calculate the statutory reserve and cash surrender...
Habendum Clause
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...
Vacation Home
What is 'Vacation Home' A dwelling other than the owner's primary residence that is used for recreational purposes, like vacations (hence the...
EAFE Index
What is the 'EAFE Index' The EAFE Index is an index created by Morgan Stanley Capital International (MSCI) that serves as a...
Jacob Schiff
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...
SAFE Investment Company (China)
What is 'SAFE Investment Company (China)' The SAFE Investment Company is the Hong Kong branch of the Chinese sovereign wealth fund. The...