National Futures Association (NFA) Definition.

The National Futures Association (NFA) is a regulatory body for the U.S. futures industry. The NFA is a self-regulatory organization that sets standards for futures brokers and registered firms. The NFA definition is the set of rules and regulations that govern the activities of NFA member firms. These rules and regulations are designed to protect … Read more

Reading Into Nonforfeiture Clauses.

When a life insurance policyholder dies, the death benefit is paid to the named beneficiaries. However, if the policyholder stops paying premiums, the policy will lapse and the death benefit will be forfeited. Nonforfeiture clauses are designed to protect the policyholder’s investment in the event of lapse, by providing options for continuing the coverage in … Read more

What is investing?

It is an action that consists of using capital in an entrepreneurial activity with the objective (expectation) of obtaining a benefit, additional profit or income. Any expense can be considered an investment if it is intended to achieve a return on investment. In other words, investing is spending wisely. This economic term has several definitions … Read more