Category Archives: E – Asuransi Jiwa

electronic funds transfer (EFT)

A method of transferring funds between financial intermediaries through an electronic computer network

emergency fund

An account containing enough money to cover a person’s expenses for six months or more

endorsement

An amendment or addition to an insurance contract that either expands or limits the benefits payable under or otherwise modifies the contract. Also known as a rider

equity

An ownership interest. In real estate, the ownership interest that the bor¬rower has built up in a mortgaged property found by subtracting the amount of the outstanding mortgage from the market value of the home

equity fund

See stock fund

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