Related Words

Accommodative Monetary Policy: Federal Reserve System policy to increase the amount of money available to banks for lending. See: Monetary policy.

Participating Policy: When policyholders have what is called a participating policy from a mutual insurance company, they are eligible to receive dividends based on the company’s financial performance. When claim . . . View Full Definition

Paid-Up Policy: A paid-up policy is a whole life insurance policy for which no additional premium payments are required to keep in force. Generally, a standard paid-up policy lasts the rest of your lifetime . . . View Full Definition

Own-Occupation Policy: If you purchase an own-occupation disability insurance policy, you are entitled to receive benefits if a disability prevents you from performing the skilled work for which you have been trai . . . View Full Definition

Perfect Market View (Of Dividend Policy): Analysis of a decision on dividend policy, in a perfect capital market environment, that shows the irrelevance of dividend policy.

Policy: A written statement that reflects the employer’s standards and objectives relating to various employee activities and employment-related matters.

Policy Limit: The maximum dollar amount of coverage provided by an insurance company for a certain policy.

Policy Asset Allocation: Way in which an investor seeks to assess an appropriate long-term 'normal' mix of assets that represents an ideal blend of controlled risk and enhanced return.

Nonparticipating Life Insurance Policy: Life insurance policy whose policyholders do not receive dividends, because they are not participants in the interest, dividends, and capital gains earned by the insurer on premiums paid.

National Environmental Policy Act Of 1970: P.L. 91-190 (January 1, 1970) made a declaration of national environmental policy and established a continuing responsibility of the federal government to reach a number of substantive goals . . . View Full Definition