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Related Definitions
Variable universal life insurance Variable universal life insurance is a similar to universal life insurance with certain exceptions. Cash values can be invested in a wide variety
Nondiversifiable risk Nondiversifiable risk is a risk that affects the entire economy or large numbers of persons or groups within the economy, which cannot be
Indexed universal life insurance Indexed universal life insurance is a variation of universal life insurance with certain key characteristics; there is a minimum interest rate guarantee; additional interest is credited to the policy based on
Group universal life products (GULP) Group universal life products (GULP) refers universal life insurance plans sold to members of a group, such as individual employees of an
Universality of management Universality of management is the concept that all managers do the same job regardless title. Position or management level: they all execute the five management functions and work through and with others to achieve
Universal life insurance Universal life insurance is a highly modified form of whole life insurance. Part of the premium buys insurance coverage that will be paid if the insured dies. The rest of the premium is invested in high-yield securities that are intended to increase the policy’s cash value more rapidly than that of a traditional whole life policy.
Universal product code Universal product code is the bar code, this is scanned by retailers, wholesalers, and manufacturers for the purpose of inventory management.
Universe Universe is the total population within a defined demographic, psychographic, or product consumption segment against which media
Diversification for stability argument Diversification for stability argument is the argument that trade with other nations will reduce or inhibit the development of a variety of domestic industries and thus reduce economic stability.
Universal Time Universal Time is a measure of time that conforms, within a close approximation, to the mean diurnal rotation of the Earth and serves as the basis of civil ...