Participating life insurance policies

Definition:

Life insurance that pays dividends to policyholders depending on the company's success as provided by few claims and profitable underwritings and investments.

Investing Essentials


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

Term of the Day

Proxy Fight

Competition of outside group with management for stockholders' proxies in order to accumulate votes to elect a new board of directors.

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