TIAA Definition, History, Retirement Products

TIAA Definition, History, Retirement Products

What Is the Teachers Insurance Annuity Association (TIAA)? The Teachers Insurance and Annuity Association (TIAA) is a financial organization that provides investment and insurance services for those working for organizations in the nonprofit industry in academic, research, medical, government, and cultural fields. TIAA has a history that dates back to the late Andrew Carnegie, whose Carnegie

What It Is,  Calculate TIE

What It Is, Calculate TIE

What Is the Times Interest Earned Ratio? The times interest earned (TIE) ratio is a measure of a company’s ability to meet its debt obligations based on its current income. The formula for a company’s TIE number is earnings before interest and taxes (EBIT) divided by the total interest payable on bonds and other debt.

Tied Selling Definition

Tied Selling Definition

What Is Tied Selling? Tied selling is the illegal practice of a company providing a product or service on the condition that a customer purchases some other product or service. It is frequently used in reference to banks and is sometimes referred to as coercive tied selling. Tied selling is also associated with the sales practices of

Treasury Investment Growth Receipts (TIGRs) Definition

Treasury Investment Growth Receipts (TIGRs) Definition

What Are Treasury Investment Growth Receipts (TIGRs)? Treasury Investment Growth Receipts (TIGRs), issued from 1982 until 1986, were zero-coupon bonds based on U.S. Treasury bonds held by Merrill Lynch. Key Takeaways Treasury Investment Growth Receipts (TIGRs) were zero-coupon bonds based on U.S. Treasury bonds held by Merrill Lynch.TIGRs and similar securities became popular in the