Financial needs approach

Definition:

A method of establishing the amount of life insurance required by an individual by estimating the financial needs of dependents in the event of the individual's death.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Writing cash-secured puts

An option strategy to avoid using a margin account. Instead of depositing margin with a broker, a put writer can deposit a cash balance equal to the option exercise price, and can avoid additional... Read More

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