What is Workout Period?
Definition of Workout Period Workout period, also seen as reset period, is the time period in which temporary yield discrepancies […]
What is XD (Ex-Dividend)?
Definition XD (Ex-Dividend) XD stands for ex dividend and is defined as the calculated time between that of the announcement […]
What is Year’s Maximum Pensionable Earnings-YMPE?
Definition of Year’s Maximum Pensionable Earnings-YMPE The Canadian government under Canadian pension Plan (CPP) establishes a maximum salary level which […]
What is Yearly Price of Protection Method?
Definition of Yearly Price of Protection method There is a process in which professionals of insurance industry deal with actuarial […]
What is Yearly Probability of Dying?
Definition of Yearly Probability of Dying The numerical figure showing a possible number of people dying per year is yearly […]
What is Yearly Probability of Living?
Definition of Yearly Probability of Living Yearly Probability of living is a numerical figure rendering possibility of someone living per […]
What is Yearly Rate of Return Method?
Definition of Yearly Rate of Return Method A method used to calculate gains or losses in an investment at the […]
What is Yearly Renewable Group Term Insurance?
Definition of Yearly Renewable Group Term Insurance A life insurance policy that covers a number of people and is renewed […]
What is Yearly Renewable Term (YRT)?
Definition of Yearly Renewable Term Annual renewable term or yearly renewable term is a life insurance policy which offers a […]
What is Yearly Renewable Term Plan of Reinsurance (YRTPR)?
Definition of Yearly Renewable Term Plan of Reinsurance (YRTPR) Yearly renewable term plan of Reinsurance is a form of proportional […]
