Financial Terms Dictionary – Page 85 – itho's internet resources

Adjustable Life Insurance: Definition, Pros & Cons, Vs. Universal

By Itho September 24, 2008

[ad_1] What Is Adjustable Life Insurance? Adjustable life insurance is a hybrid of term life and whole life insurance that allows policyholders the option to adjust policy features, including the…

Bank Rating: What They Are and How They Work

By Itho September 22, 2008

[ad_1] What Is a Bank Rating? A bank rating refers to a letter or numerical grade assigned to banks and thrift institutions by rating agencies. Grades are assigned to…

Adhesion Contract: Definition, History, Enforceability

By Itho September 22, 2008

[ad_1] What Is an Adhesion Contract? An adhesion contract is an agreement where one party has substantially more power than the other in setting the terms of the contract. For a contract…

Allowance for Bad Debt: Definition and Recording Methods

By Itho September 11, 2008

[ad_1] What Is an Allowance for Bad Debt? An allowance for bad debt is a valuation account used to estimate the amount of a firm's receivables that may ultimately be…

Account in Trust: Definition, Types, Benefits, How To Set One Up

By Itho September 9, 2008

[ad_1] Account in Trust [ad_2] Source link

Balloon Payment: Definition, Mechanics, Pros & Cons

By Itho September 8, 2008

[ad_1] What Is a Balloon Payment? A balloon payment is a large, one-time sum due at the end of a loan term, following smaller periodic payments that typically cover…