Total Disability Financial Glossary
What is it? The inability to do your job or manage aspects of your normal day-to-day life.Finance Term Definition Added By: Kyle
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Financial Term Affiliate is An organization that is a parent or subsidiary of another organization or a subsidiary of a common parent. An organization may be an affiliate of another because of ownership, overlapping officers and directors, or other factors. For example, Pacific Trust Bank and First PacTrust Bancorp, Inc. are affiliates, because both are owned by First PacTrust Bancorp, Inc.Financial Term Lump Sum is An amount of money, paid in one single amount - as opposed to receiving or paying the money in instalments.
Financial Term Bid price is The price in the market which a prospective buyer is prepared to pay (BID) to acquire the share. The lower value of the prices in the Bid to Offer spread. The price received when the shares are sold.
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