Insurance is technically a transference of risk. In other words, you pay a company money in the form of a premium in order to provide financial protection in the case of a loss. The terms of an insurance contract will...
Category - Finance
Financial Terms Everyone Should Know – Stocks & Bonds
There are two basic types of securities that most people invest in, and they comprise most mutual funds – stocks and bonds. While often lumped together under the terms investments or securities, they are very...