A mutual insurance company is owned by policyholders. Its sole purpose is to provide insurance coverage for its members and policyholders.
Subjective Theory of Value, is a concept stating that an object's value can change based on its context and appeal.
A participating policy is insurance that pays dividends to policyholders. Dividends come from the profits of the insurance company that sold the policy.
The Series 11 is a securities license that allows holders to provide current securities quotations and accept unsolicited customer orders for execution.
Earnings Before Interest, Depreciation and Amortization (EBIDA) is a measure of earnings of a company.
Best execution is a legal mandate that dictates brokers must seek the most favorable circumstances for execution of their clients' orders.
Term capitalization rate is used to estimate a property's value at the end of a holding period.
A health insurance plan with a high minimum deductible that that the insurance holder must pay for medical expenses before insurance coverage kicks in.
A domestic corporation is a company that conducts its affairs in its home country, often taxed differently than a foreign corporation.
Business income is a type of earned income, and is classified as ordinary income for tax purposes.