Original issue discount

photo src: i.ytimg.com Original Issue Discount (OID) is a type of interest that is not payable as it accrues. OID is normally created when ...

Variable universal life insurance

photo src: i.ytimg.com Variable universal life insurance (often shortened to VUL) is a type of life insurance that builds a cash value. In ...

Capitalization rate

photo src: s-media-cache-ak0.pinimg.com Capitalization rate (or " Cap Rate ") is a real estate valuation measure used to compare ...

Special drawing rights

photo src: i.ytimg.com Special drawing rights (ISO 4217 currency code XDR , also abbreviated SDR ) are supplementary foreign-exchange reser...

Deferred Acquisition Costs

photo src: static.seekingalpha.com Deferred Acquisition Costs ( DAC ) is a term commonly used in the insurance business. It describes the p...

Calculator

photo src: www.ets.org An electronic calculator is typically a portable electronic device used to perform calculations, ranging from basic ...