- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
The date that policy documents are printed and the policy is issued in the system. The incontestability and suicide provisions run from this date.
Industry:Financial services
The entity (corporation, government, etc.) that issues securities.
Industry:Financial services
For an IRA this is the amount of funds contributed for the prior year.
Industry:Financial services
The net price change from the previous day's Net Asset Value.
Industry:Financial services
Describes the annualized return of the Option if the Market Price of the Underlying Equity does not change. The annualized return will not be available for Option Contracts that expire in 60 days or less. For covered calls, the return is defined by:(Premium - if positive, (Market Price - Strike Price))/Market Price.) For written puts, the return is defined by:(Premium - if positive, (Strike Price - Market Price))/Market Price.) The annualized return is determined by multiplying the return by 12 and dividing it by the number months left to maturity (rounded up).
Industry:Financial services
Indicates whether the account is managed within the ML Consults service, MFA service, Personal Investment Advisor Service, ML Investment Manager/Private Investor Service, or if it is Client Directed.
Industry:Financial services
Private Equity managers invest in privately held and certain public companies. In general, they take controlling positions and/or board seats with the goal of supporting the operations of the companies or restructuring them to create value and, ultimately, deliver substantial returns to investors. Private equity managers employ a range of strategies, and they typically take several years to invest their capital and realize returns. Because of their approach and constraints, Private Equity may not be suitable for all investors. For example, Private Equity managers often require that money be "locked up" for a specific period of time; investments in Private Equity are typically illiquid for 10-12 years.
Industry:Financial services
Policy gross death benefit minus any indebtedness and other applicable charges, fees, or costs due.
Industry:Financial services
