Actuarial present value — In actuarial science, the actuarial present value of a payment or series of payments which are random variables is the expected value of the present value of the payments, or equivalently, the present value of their expected values.This applies… … Wikipedia
Credit Valuation Adjustment — Credit value adjustment (CVA) is by definition the difference between the risk free portfolio value and the true portfolio value that takes into account the possibility of a counterparty’s default. In other words, CVA is the market value of… … Wikipedia
Social Security (United States) — This article is about the retirement/disability program. For the general concept of providing welfare, see Social security. For other uses, see Social Security (disambiguation) … Wikipedia
Medicare (United States) — President Johnson signing the Medicare amendment. Former President Harry S. Truman (seated) and his wife, Bess, are on the far right … Wikipedia
Life expectancy — This article is about the measure of remaining life. For the Dean Koontz novel, see Life Expectancy (novel). For List of countries by life expectancy, see List of countries by life expectancy. Life expectancy is the expected (in the statistical… … Wikipedia
Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… … Universalium
Central University of Finance and Economics — 中央财经大学 Motto 忠诚 团结 求实 创新 Motto in English Loyalty, Unity, Truth, Innovation Established 1949 Type National university … Wikipedia
Bicycle helmet — A bicycle helmet is a helmet intended to be worn while riding a bicycle. They are designed to attenuate impacts to the skull of a cyclist in falls while minimizing side effects such as interference with peripheral vision.[1] There is an active… … Wikipedia
Zillmerisation — relates to the valuation of a Life insurer by an actuary.When new business is written, the value of the company may reduce (when viewed on a regulatory basis) even if the business is likely to be profitable. This is known as New Business Strain.… … Wikipedia
Social Protection — ▪ 2006 Introduction With medical costs skyrocketing and government programs scaled back, citizens bore more responsibility for their health care costs; irregular migration, human trafficking, and migrant smuggling posed challenges for… … Universalium
