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Universal life insurance
Universal life insuranceA combination of term life insurance and a savings element which is invested to provide a cash value build up. RELATED TERMS-------------------------------------- Combination Applies to derivative products. Arrangement of options involving two long or two short positions with different expiration dates or strike (exercise) prices. Term The period of time during which a contract is in force. Insurance A contract in which payment of premiums covers the insured against something which may, or may not occur. Savings According to Keynesian economics, the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income that he or she earns in a given period of time. Cash The value of assets that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and banker's acceptances. Value The worth or desirability of something expressed as an amount of money. SIMILAR TERMS-------------------------------------- Univar Univar is a top Dutch corporation in the field of chemicals, and its estimated market value is 0,940 million US dollars. Univel Inversiones, S.A., SICAV Univel Inversiones, S.A., SICAV is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Universal banks Banks which combine deposit and loan banking with share and bond dealing, investment advice, etc. UNIVERSAL COOP Credit Union UNIVERSAL COOP is a credit union with head office in RIO GRANDE, PR UNIVERSAL Credit Union UNIVERSAL is a credit union with head office in HUNTINGTON, WV Universal de Inversiones, S.S., SICAV Universal de Inversiones, S.S., SICAV is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Universal Health Universal Health is a top United States corporation in the field of health care equipment and services, and its estimated market value is 2,750 million US dollars. UNIVERSAL Resources Limited UNIVERSAL Resources Limited is a large Australian company in the field of materials. Their Australian Stock Exchange (ASX) code is URL. Universal stock futures (USF) A range of standardized futures contracts on the shares of individual companies. UNIVERSE INTERNATIONAL UNIVERSE INTERNATIONAL is a securities company with code 01046 at Hong Kong stock. Board lot: 5,000. Universe of securities A group of stocks having a common feature, such as similar outstanding market capitalization or same product line. UNIVERSITY & COMMUNITY Credit Union UNIVERSITY & COMMUNITY is a credit union with head office in STILLWATER, OK UNIVERSITY Credit Union UNIVERSITY is a credit union with head office in AUSTIN, TX UNIVERSITY DRIVE VAH Credit Union UNIVERSITY DRIVE VAH is a credit union with head office in PITTSBURGH, PA UNIVERSITY EMPLOYEES Credit Union UNIVERSITY EMPLOYEES is a credit union with head office in ATHENS, GA UNIVERSITY HEALTH Credit Union UNIVERSITY HEALTH is a credit union with head office in AUGUSTA, GA UNIVERSITY HOUSE Credit Union UNIVERSITY HOUSE is a credit union with head office in PHILADELPHIA, PA UNIVERSITY OF HAWAII Credit Union UNIVERSITY OF HAWAII is a credit union with head office in HONOLULU, HI UNIVERSITY OF KENTUCKY Credit Union UNIVERSITY OF KENTUCKY is a credit union with head office in LEXINGTON, KY UNIVERSITY OF LOUISIANA Credit Union UNIVERSITY OF LOUISIANA is a credit union with head office in LAFAYETTE, LA UNIVERSITY OF MINNESOTA Credit Union UNIVERSITY OF MINNESOTA is a credit union with head office in MINNEAPOLIS, MN UNIVERSITY OF NEBRASKA Credit Union UNIVERSITY OF NEBRASKA is a credit union with head office in LINCOLN, NE UNIVERSITY OF PENNSYLVANIA STUDENTS Credit Union UNIVERSITY OF PENNSYLVANIA STUDENTS is a credit union with head office in PHILADELPHIA, PA UNIVERSITY OF SOUTH ALABAMA Credit Union UNIVERSITY OF SOUTH ALABAMA is a credit union with head office in MOBILE, AL UNIVERSITY OF SOUTHERN MISSISSIPPI Credit Union UNIVERSITY OF SOUTHERN MISSISSIPPI is a credit union with head office in HATTIESBURG, MS UNIVERSITY OF UTAH Credit Union UNIVERSITY OF UTAH is a credit union with head office in SALT LAKE CITY, UT UNIVERSITY SETTLEMENT Credit Union UNIVERSITY SETTLEMENT is a credit union with head office in NEW YORK, NY Univision Commun Univision Commun is a top United States corporation in the field of media, and its estimated market value is 8,510 million US dollars. PREVIOUS AND NEXT TERMS-------------------------------------- Unitary elasticity of demand Exists when a price cut produces such a small change in sales that total revenue remains unchanged. United States Customs Service An agency of the Treasury Department charged with enforcing laws relative to imports. United States government securities Debt issues of the U.S. government, as distinguished from government-sponsored agency issues. Unitisation The conversion of an investment trust into unit trust. Universal banks Banks which combine deposit and loan banking with share and bond dealing, investment advice, etc. Universal life insurance Universal stock futures (USF) A range of standardized futures contracts on the shares of individual companies. Universe of securities A group of stocks having a common feature, such as similar outstanding market capitalization or same product line. Unleveraged required return The required return on an investment when the investment is financed entirely by equity (i.e., no debt). Unlevered cost of equity The discount rate appropriate for an investment that it is financed with 100% equity. Unlimited liability The legal obligation to pay all one's debts, if necessary by the sale of one's possessions. We thank you for using the Financial Dictionary to search for Universal life insurance. If you have a better definition for Universal life insurance than the one presented here, please let us know by making use of the suggest a term option. This definition of Universal life insurance may be disputed by other professionals. Our attempt is to provide easy definitions on Universal life insurance and any other medical topic for the public at large.
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