Financial Terms

Creditor
An individual or institution that extends credit to others.
CUSIP Number
A CUSIP number is a unique identifier assigned to financial securities.
Custodial Account
A financial account set up and managed by an adult for the benefit of a minor, with a focus on the responsibilities and flexibilities involved.
Decreasing Term Insurance
A type of renewable term life insurance where coverage decreases over time at a predetermined rate, perfect for those who want to ensure their debts don't come knocking at the door!
Deferred Tax Liability
A record of taxes owed but not yet due, sitting on a company's balance sheet, patiently biding its time.
Defined Contribution Plan
A defined contribution plan is a retirement savings plan where contributions are made by employees and sometimes matched by employers.
Delinquent
A state of being in arrears in a timely manner, leading to potential default and financial woes.
Delivery Versus Payment (DVP)
A securities settlement method ensuring the transfer of securities occurs only after payment.
Deregulation
Deregulation is the reduction or elimination of government power in a particular industry, aimed at creating more competition.
Diluted Earnings Per Share (Diluted EPS)
A financial measurement that gauges the quality of a company's earnings per share if all convertible securities were exercised
Discount Yield
A humorous look at the financial term discount yield – the yield you get when your bond decides to play hard-to-get by being sold at a discount!

Jokes And Stocks

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