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Category: #Finterms

#Finterms: Surrender Value

The surrender value, also known as cash surrender value, of a life insurance policy is the amount of money an insurance policyholder will receive if they decide to cancel the policy before the end of its term or before they pass away. This option is typically only available in permanent or whole life insurance policies, and not in term insurance...

#Finterms: Interest Rates

Interest rates are the cost borrowers pay for debt. This concept is well-understood, as nearly every loan carries some amount of interest. Less understood are the dynamics between interest rates, markets, and the Federal Reserve.

#Finterms: Net Asset Value (NAV)

Net Asset Value (NAV) is the value of an entity's assets minus the value of its liabilities. It is most commonly used when evaluating mutual funds or exchange-traded funds (ETF) and in this context is calculated at the end of each trading day.

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Categories

#Finterms: Surrender Value

#Finterms: Interest Rates

#Finterms: Net Asset Value (NAV)