Thrift savings plan

Definition:

A defined contribution plan for civil service employees, retirees, and for members of the uniformed services of the United States. TSP is similar to 401(K) plan offered in the private sector.

Throughput agreement
An agreement to put a specified amount of product per period through a particular facility. An example is an agreement to ship a specified amount of crude oil per period through a particular pipeline.

Investing Essentials


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

Term of the Day

Deferred compensation

An amount that has been earned but is not actually paid until a later date, typically through a payment plan, pension, or stock option plan.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio