Unit Trust: A Comprehensive Guide
A unit trust is a pooled investment fund where money from many investors is gathered to purchase a diversified portfolio of securities. Managed by professional fund managers, it offers accessibility…
Unemployment
Unemployment refers to the condition of being jobless and actively seeking work. It's a key economic indicator, reflecting the health of the labor market and the overall economy.
Underwriter (shares)
An underwriter for shares acts as an intermediary, buying newly issued securities from a company and reselling them to the public. They manage risk and ensure a successful offering.
Underwriter (insurance)
An insurance underwriter assesses risks and determines whether to accept or reject applications for insurance policies. They evaluate potential policyholders and set premium rates.
Turnover: Understanding Employee Retention and Its Impact
Turnover refers to the rate at which employees leave an organization. High turnover can signal underlying issues, impacting productivity, morale, and financial stability. Managing it effectively is crucial for sustained…
Treasury: Understanding Government Finance
The Treasury manages a nation's finances, including debt, currency, and taxation. It plays a crucial role in economic policy, impacting inflation, interest rates, and overall fiscal health. Understanding its functions…
Trade Balance: Understanding the Flow of Goods and Services
The trade balance measures the difference between a nation's exports and imports. A surplus indicates more exports than imports, while a deficit suggests the opposite. It's a key indicator of…
Tracker Funds: An Overview
Tracker funds, also known as index funds, passively replicate a specific market index. They offer diversification and lower fees compared to actively managed funds, making them a popular investment choice.
Terminal Bonus
A terminal bonus, often called a sign-on bonus, is an upfront payment given to a new employee. It's used to attract talent, especially for hard-to-fill roles or when a candidate…
Term Assurance Explained
Term assurance provides life cover for a fixed period. If the insured dies within this term, a lump sum is paid to beneficiaries. It's a cost-effective way to protect loved…