What is the Definition of Equity?
In investments, the ownership interest of shareholders. In a corporation, stocks as opposed to bonds.
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
Other Questions: What is the definition of Annuity?
What is the Definition of Equity?
You can find random definition and meaning of insurance terms below:
Meaning of Volcano Coverage in Insurance Terms
Most homeowners policies cover damage from a volcanic eruption.
Meaning of Surrender Charge in Insurance Terms
A charge for withdrawals from an annuity contract before a designated surrender charge period, usually from five to seven years.
Meaning of Surrender Cost Comparison Index in Insurance Terms
A cost comparison index, used to compare insurance policies, which takes into account the time value of money and measures the cost of a policy over a 10or 20-year period assuming the policy owner surrenders the policy for its cash value at the end of the period. Contrast with Net payment cost comparison index.
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