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Understanding Cash Value in Life Insurance: Definition and Example

Understanding Cash Value in Life Insurance: Definition and Example

Posted by By Itho January 23, 2010
[ad_1] What Is Cash Value Life Insurance? Cash value life insurance is a type of permanent life insurance that includes a savings component. The policyholder can use the cash value…
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Types, Examples, and Key Takeaways

Compensatory Damages: Types, Examples, and Key Takeaways

Posted by By Itho December 10, 2009
[ad_1]   What Are Compensatory Damages? Compensatory damages refer to money awarded to an injured party in compensation for damages, injury, or another incurred loss due to the negligent or…
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What Is Consumer Discretionary? Definition in Economic Indicators

What Is Consumer Discretionary? Definition in Economic Indicators

Posted by By Itho October 4, 2009
[ad_1] What Is Consumer Discretionary? Consumer discretionary is a term that describes goods and services that consumers consider non-essential but desirable if their available income is sufficient to purchase them.…
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Empirical Rule: Definition, Formula, and Example

Empirical Rule: Definition, Formula, and Example

Posted by By Itho February 5, 2009
[ad_1] What Is the Empirical Rule? The empirical rule, also sometimes called the three-sigma or 68-95-99.7 rule, predicts deviations from the mean or average of data. It indicates that 68%…
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Education Loan: Definition, Types, Debt Strategies

Education Loan: Definition, Types, Debt Strategies

Posted by By Itho October 28, 2008
[ad_1] What Is an Education Loan? An education loan is a sum of money borrowed to finance a post-secondary education or higher education-related expenses. Education loans are intended to cover…
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Definition as Income, and Comparison to Annual Pay

Base Pay: Definition as Income, and Comparison to Annual Pay

Posted by By Itho May 22, 2008
[ad_1]   What Is Base Pay? Base pay is the initial salary paid to an employee, not including any benefits, bonuses, or raises. It is the rate of compensation an…
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