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Top Searched Definitions

  1. Optimum Currency Area Theory (OCA)

    Optimum currency area (OCA) theory states that there are regions, not bounded by national borders, that should all share ...
  2. Benefit-Expense Ratio

    Benefit-expense ratio is an operating metric for the health insurance industry which represents benefits paid out divided ...
  3. Medical Savings Account (MSA)

    A Medical Savings Account (MSA) was a forerunner of a Health Savings Account (HSA) and had similar deductibles, IRA status, ...
  4. Concurrent Causation

    Concurrent causation is a legal doctrine related to losses from more than one cause, and when one has coverage and the other ...
  5. Any-Occupation Policy

    An any-occupation policy is disability insurance where the insured is unable to work in a job that is suitable based on education, ...
  6. Garage Liability Insurance

    Garage liability insurance is purchased by automobile dealerships and repair shops to cover property damage and bodily injury ...
  7. Pipeline Theory

    Pipeline theory is the idea that an investment firm that passes all returns on to clients should not be taxed like regular ...
  8. Focus List

    A focus list is a list of recommended stocks published by an investment firm's research department.
  9. Fund Overlap

    Fund overlap is a situation where an investor invests in several mutual funds with overlapping positions.
  10. Mutual-Fund Advisory Program

    A mutual fund advisory program is a portfolio of mutual funds that are selected to match a pre-set asset allocation.
  11. Stewardship Grade

    Stewardship grade is an evaluative data point in Morningstar's fund and stock reports.
  12. Elephants

    Elephants is slang for large institutional investors that can move markets on their own.

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