It is a measure of the theoretical value of a zero-coupon bond at any given point in time. Because there are no interest payments unlike with traditional bonds, the interest of a zero-coupon bond accrues until maturity. Therefore, the CAV can be calculated by adding all of the interest earned up to a given point in time to the original price. Calculating a zero-coupon bond's … [Read more...]
Commissioners’ Annuity Reserve Valuation Method – CARVM
CARVM basically denotes statutory cash reserves for annuities. CARVM is calculated according to several different methods. The cash reserve of the annuity must be greater or equal to the value calculated by the CARVM. The CARVM is equal to the greatest net present value of all future guaranteed benefits. CARVM calculations do not only include expenses or lapses in policies. … [Read more...]
What is Coiled Market?
Coiled markets refer to markets thought of having potential to make a sizable move in one direction, but for one reason or another, is currently restrained from doing so.Basically ,a market that is believed to have the potential to make a strong move in one direction after being pushed in the opposite direction. Coiled markets refer to markets thought of having potential to … [Read more...]
What does Click Through Rates implies?
The percent of individuals viewing a Web page who click on a specific banner ad appearing on the page. Overall click-through rates have declined substantially since the early days of electronic commerce on the Web. … [Read more...]
What is CINS Number?
An acronym standing for the "CUSIP International Numbering System," which provides identification of international securities. The CINS numbering system is an extension of the CUSIP numbering system and follows a 9-character format similar to CUSIP. CINS can therefore be used as a bridge to ISIN, as well as other national security identification numbers. … [Read more...]