Net premium is the anticipated present value of a policy’s benefits less than expected value of future premiums.
Net premium is the anticipated present value of a policy’s benefits less than expected value of future premiums.
Pooled funds is a term describing a portfolio of money from lots of individual investors that are pooled together for the purposes of investment.
Pink sheets are listings for stocks that trade over-the-counter. These are the companies that are not listed on a major exchange like NYSE or Nasdaq.
Reinvestment rate is the amount of interest that can be earned when money is taken out of one and put into another. fixed-income investment