What Is an Automatic Premium Loan? An automatic premium loan (APL) is an insurance policy provision that allows the insurer to deduct the amount of an outstanding premium from the value of the policy when the premium is due. Automatic premium loan provisions are most commonly associated with cash value life insurance policies, such as whole
What Is an Automatic Rollover? 1. An automatic rollover is the transfer of a qualified retirement plan distribution into an individual retirement account (IRA) with no action required by the account holder. This happens when a company removes an employee with a small balance from a company-sponsored retirement plan after they leave the company. Employees
What Is an Automatic Stabilizer? Automatic stabilizers are a type of fiscal policy designed to offset fluctuations in a nation’s economic activity through their normal operation without additional, timely authorization by the government or policymakers. The best-known automatic stabilizers are progressively graduated corporate and personal income taxes, and transfer systems such as unemployment insurance and
What Is an Automatic Stay? An automatic stay is a provision in United States bankruptcy law that temporarily prevents creditors, collection agencies, government entities, and others from pursuing debtors for money that they owe. Key Takeaways An automatic stay stops creditors from trying to collect debts from a debtor who has filed for bankruptcy until
What Is an Automatic Transfer of Funds? An automatic transfer of funds is a standing banking arrangement whereby transfers between a customer’s two (or more) accounts are made on a regular, periodic basis under specified conditions. Automatic transfers are executed without further instruction or action by the customer; a common way that automatic transfers are executed
What Is an Automatic Transfer Service (ATS)? An automatic transfer service (ATS) is a banking service, in both a generic and specific sense, offered to customers. On a general level, it can signify any automatic transfer of funds among customer accounts. For example, bankers many use an ATS during a transitional transfer from a checking
What Is Autonomous Consumption? Autonomous consumption is defined as the expenditures that consumers must make even when they have no disposable income. Certain goods need to be purchased, regardless of how much income or money a consumer has in their possession at any given time. When a consumer is low on resources, paying for these necessities can
What Is an Autonomous Investment? An autonomous investment is when a government or other body makes an investment in a foreign country without regard to its level of economic growth or the prospects for that investment to generate positive returns. These investments are made primarily for purposes of geopolitical stability, economic aid, improving infrastructure, national
What Is an Autoregressive Model? A statistical model is autoregressive if it predicts future values based on past values. For example, an autoregressive model might seek to predict a stock’s future prices based on its past performance. Key Takeaways Autoregressive models predict future values based on past values.They are widely used in technical analysis to
What Is an Autoregressive Integrated Moving Average (ARIMA)? An autoregressive integrated moving average, or ARIMA, is a statistical analysis model that uses time series data to either better understand the data set or to predict future trends. A statistical model is autoregressive if it predicts future values based on past values. For example, an ARIMA model might seek
