The amount an INSURER is required to return to the INSURED if an INSURANCE contract with savings features is cancelled prior to maturity.

Usually tallied over a 12-month period or year, a count of completed cash cycles during that period.

The cash value of an article or piece of property is the price which it would bring at private sale (as distinguished from a forced or auction sale) the terms […]

A life insurance policy that has cash value accumulation over the life of the policy.

A life insurance policy that has cash value accumulation over the life of the policy. The premium is the same over the life of the policy. The premium is split […]

Taking cash out of a policy or benefit, reducing the cash available as a death benefit by the amount withdrawn plus interest. This may mean forfeiture of the purchased benefits […]

A record, in book-keeping, of all cash transactions; an account of moneys received and expended.

An ARBITRAGE strategy where a profit can be secured by borrowing funds, using the proceeds to buy the ASSET, and selling a FORWARD or FUTURE on that asset. The arbitrage […]

A BINARY OPTION that grants the buyer a payoff at expiry equal to a fixed cash amount if the price of the UNDERLYING market reference exceeds the STRIKE PRICE or […]

A BINARY OPTION that grants the buyer an immediate payoff equal to a fixed cash amount once the price of the UNDERLYING market reference breaches the STRIKE PRICE or BARRIER. […]

In bookkeeping , an account-book in which is kept a record of all cash transactions, or all cash received and expended. The object of the cash- book is to afford […]

In England. A bank-note of a provincial bank or of the Baak of England.

A BINARY OPTION that grants the buyer a payoff equal to a fixed cash amount if the price of the UNDERLYNG market reference breaches the STRKE PRICE at expry See […]

The merger of a target firm paid in cash by the buying firm. Occurs when the targeted firm’s stockholders or shareholders do not want any part of ownership of the […]

Refinancing for more money that the mortgaged amount. Done to get money out for other purposes. Based on many points: home value, mortgage value, income of the mortgagee, credit rating […]

A price payable in cash at the time of sale of property, in opposition to a barter or a sale on credit .

An officer of a moneyed Institution , or commercial house, or bank, who is intrusted with, and whose duty it is to take care of, the cash or money of […]

In military law . To deprive a military officer of his rank and office.

Receiving cash in exchange for a financial instrument , such as a stock, or policy or check or guarantee or draft.

An amercement or fine; a mulct

1. Using a larger loan to pay off a smaller loan. 2. Converting an asset into cash by the sale of that asset.

The merger of a target firm paid in cash by the buying firm. Occurs when the targeted firm’s stockholders or shareholders do not want any part of ownership of the […]

An inevitable accident , a chance occurrence, or fortuitous event A loss happening in spite of all human effort and sagacity. 3 Kent. Comm. 217. 300; Whart. Neg.

Begun in 1990 this index measure monthly freight shipments cumulatively. National shipping levels result from indices processed by the Cass Information System. This index includes over 400 company and manufacturing […]

To quash; to render void; to break.