Funding Cover Definition

Funding Cover Definition

What Is a Funding Cover? Funding covers refer to insurance premiums held in an account in conjunction with an excess-of-loss reinsurance, which is used to pay insurance claims. Funding covers act as resource pools that can be drawn down to pay for claims, with unused funds returned to either policyholders or ceding insurers. Key Takeaways

Froth Definition

Froth Definition

What Is Froth? Froth refers to market conditions preceding an actual market bubble, where asset prices become detached from their underlying intrinsic values as demand for those assets drives their prices to unsustainable levels. A frothy market is one where investors begin to ignore market fundamentals and bid up an asset’s price beyond what the

Frugalista Definition

Frugalista Definition

What Is a Frugalista? Frugalista is a neologism defined in 2008 by the Oxford New American Dictionary as “a person who lives a frugal lifestyle but stays fashionable and healthy by swapping clothes, buying secondhand, growing own produce, etc.” The word gained popularity as the 2008 financial crisis unfolded, and it was discussed by The

What It Is and What It Does

What It Is and What It Does

What Is the Federal Trade Commission (FTC)? The Federal Trade Commission (FTC) is an independent, bipartisan agency of the U.S. government tasked with protecting consumers and ensuring a strong competitive market. Lina Khan is the current Chair of the Federal Trade Commission (FTC).  Its principal purpose is to enforce non-criminal antitrust laws in the United States