Medicare Financial Glossary

What is it? A federally instituted medical care program that provides medical and hospital insurance for those who are 65 or older or for those who are disabled.

Finance Term Definition Added By: Keira

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Other Similar Finance Terms:

Financial Term 2L is Outperform / Low risk

Financial Term No Load Fund is A mutual fund that has no sales commission.

Financial Term Present Value is Definition Value of future cash flows as if they were available today. A simple example is that an individual might be willing to receive $100 per year for the next ten years for a total of $1,000 as an alternative to receiving $600 (the present value of $1,000) today. The $600 is less than the total of $1,000, but it is a bird in the hand - and the investor doesnt have to wait for ten annual payments. Buying or selling a business is much the same way. What are you willing to pay or receive now for a company in exchange for its future cash flows?

Financial Term Leasehold is If you buy a property that is leasehold it means that you own the property but not the land the property is on.

Financial Term Institutional Investor is Pension funds, insurance companies, endowments, charitable foundations, mutual funds and other non-bank financial institutions that are often key suppliers to private equity funds. In Canada, certain large institutional investors also have in-house programs for direct market activity