REPURCHASE/RESALE AGREEMENTS

A repurchase agreement is a transaction involving the sale of financial assets by one party to another, subject to an…

5 years ago

REINSURANCE RECOVERABLES

Reinsurance recoverable represent reimbursements expected by U.S.- resident insurance underwriters, under reinsurance contracts governing underwriting coverage ceded to a foreign…

5 years ago

PRIVATE FUND

This term refers to the same class of financial entities that must report to the Securities and Exchange Commission as…

5 years ago

PRIME BROKERS

Full service brokers that facilitate the clearance and settlement of securities provide the ability to trade with multiple brokerage houses…

5 years ago

PREPAID INSURANCE PREMIUMS

Prepaid insurance premiums are the consideration paid by policyholders to insurance underwriters in exchange for the provision of defined future…

5 years ago

PREFERRED STOCK

Equity securities with preferences to the common stock of the issuer. Preferred stock is usually entitled to dividends, stated as…

5 years ago

PORTFOLIO INVESTMENT

Pursuant to 22 U.S.C. 3102, portfolio investment means any international investment which is not direct investment. “International investment” means (a)…

5 years ago

POLICYHOLDER

A policyholder is the party that owns an insurance policy.

5 years ago

PENSION FUND

For TIC reporting purposes, a U.S. resident pension fund is a legal entity organized to provide retirement income benefits exclusively…

5 years ago

PAYING AGENT

An entity that is appointed by an issuer of securities, which makes payments of principal and interest on the issuer’s…

5 years ago