Examlex
The Securities Enforcement Remedies and Penny Stock Reform Act of 1990 granted the SEC the power to issue cease and desist orders.
Maximum Loan
The highest amount of money that a lender is willing to lend to a borrower, determined by factors such as creditworthiness and collateral.
Life Policy
A contract with an insurance company that pays out a sum of money either on the death of the insured person or after a set period.
Insured
For life insurance, the person whose life is being insured; for other types of insurance, the person who receives the benefit of the insurance.
Semiannual Premiums
Insurance payments made twice a year as part of an insurance policy's terms.
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