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Savings and loan association (S&L) Corporation that traditionally offered savings accounts with interest rates higher than banks. Since deregulation, an S&L offers both checking and savings accounts but still uses the majority of funds to
Savings banks Depositor-owned, bank like institutions chartered by individual states and almost identical to savings and loans in operation. They began in
Price-earnings ratio The current market price of a stock divided by the annual earnings per share.
Savings bank life insurance Savings bank life insurance originally sold by mutual savings banks in Massachusetts, New York, and Connecticut. Now sold in other states as well.
Diagnosis-related groups (DRGs) Diagnosis-related groups (DRGs) is a method for reimbursing hospitals under the Medicare program. Under this system, a flat,
Average indexed monthly earnings (AIME) Average indexed monthly earnings (AIME) is under the OASDI program, the person’s actual earnings are indexed to determine his or
GSR GSR means Galvanic Skin Response. Known in North America as psycho galvanic reflex.
Golden Offerings Golden Offerings offers to current employees aimed at encouraging them to retire early, perhaps even with the same pensions they would expect if they retired at, say, age 65.
Rings of Defense Rings of Defense is an alternative layoff plan in which temporary supplemental employees are hired with the understanding that they may be laid off at any time.
Savings account or time deposit Savings account or time deposit is a sum of money, deposited with a bank, that cannot be withdrawn by writing a check.
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