What Is a Contingent Beneficiary? What is a contingent beneficiary? It is the person next in line to receive a beneficiary-named account if the primary beneficiary is unable or unwilling. A contingent beneficiary is a secondary beneficiary who is essentially waiting in the wings, just in case. In other words, […]
What Is Pegging? What is pegging? In economics, pegging is the act of linking the value of an asset or currency to the value of another asset or currency establishing a fixed exchange rate. In general, the term refers to the practice of attaching or tying a country’s currency exchange […]
What Tor Stands For – The Onion Routing Project Tor stands for The Onion Routing Project. It’s an open-source privacy network that lets users surf the web anonymously. Tor is a global computer network that employs private, encrypted protocols to safeguard users’ online anonymity. Digital user data and conversations are […]
How To Short Bitcoin (and other cryptocurrencies) There are a number of investors who believe that Bitcoin is likely to crash at some point in the future. How to short Bitcoin is worth understanding and learning if you share that belief. You can short-sell almost any cryptocurrency, not just Bitcoin. […]
What Is Voluntary Life Insurance? Voluntary life insurance is a type of financial protection that pays a cash benefit to a beneficiary if the insured dies. Employers may provide it as an optional benefit. In exchange for the insurer’s promise of reimbursement upon the insured’s death, the employee pays a […]
What is a Certificate of Incumbency? A certificate of incumbency is an official corporate document that identifies the firm’s current directors, officers, and key executives. An incumbency certificate of incumbency is issued by a corporation or limited liability company. It includes the names of the firm’s current directors, executives, and, […]