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Financial terms in "Business and Management"

1. Didactic

2. Chief Operating Officer

3. Induction

4. Selective Attention

5. Inorganic

6. feasible

7. Storyboard

8. PDA

9. business alliance

10. modus operandi

11. minimum acceptable rate of return

12. Open Source

13. Exchange Rate

14. Firmware

15. Remunerate

16. factory

17. Open-Ended Investment Companies

18. Atmosphere

19. Incapacity Benefit

20. Uncontested

21. Laicisation

22. Breakout

23. Mindshare

24. house journal

25. Capital Gains Tax

26. Crib

27. Spot Check

28. Quota

29. Gatekeeper

30. flat scale

31. window of opportunity

32. False Accounting

33. SEAQ

34. SICAV

35. bancassurance

36. front money

37. mismanagement

38. Orphan Product

39. omit

40. Fulfilment House

41. dilute

42. continuous inventory

43. Technical Analyst 

44. class action

45. Brent Crude oil

46. shareholder activist

47. notice of meeting

48. shelve

49. Commercial Paper

50. divest

51. Capitalization Issue

52. in perpetuity

53. Z-Score

54. co-sourcing

55. unlisted company

56. Pop-Under

57. Guru

58. void

59. performance

60. fulfillment

61. Real Estate

62. E-Enabled

63. Psychographics

64. control premium

65. Ochlocracy

66. Touch Base

67. Joint Stock Company

68. related company

69. Sales And Marketing

70. Net Yield

71. Table d'Hote

72. Undercut

73. Soft Loan

74. Rolling Contract

75. Silent partner

76. Status Enquiry

77. R&D

78. liquidation value

79. reservation

80. internal trade

81. Next-Generation

82. PROM

83. Ex Stock

84. source

85. government enterprise

86. redeem

87. Low Yield

88. National Debt

89. Customs Duty

90. Power Nap

91. business entity concept

92. Hot Desking

93. Off-Market

94. loss prevention

95. Zero-Sum Game

96. Heatseeker

97. Primary Research

98. Pseudonym

99. Floatation

100. gratuity

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Featured term of the day

Definition / Meaning of

Portable Benefits

Categories: Finance,

Benefits or accumulated assets that you can take with you when you leave your employer or switch jobs are described as portable. For instance, if you contribute to a 401(k), 403(b), 457, or other defined contribution plan at your current job, you can roll over your assets to an individual retirement account (IRA) or to a new employer's plan if the plan accepts rollovers.In contrast, credits accumulated toward benefits from a pension - otherwise known as a defined benefit plan - usually aren't portable.Insurance benefits under an employer-sponsored group health plan may also be portable as the result of The health insurance portability and accountability act (HIPAA). If you have had group coverage and move to a new employer who offers health insurance, your new group health plan can't impose exclusions for preexisting conditions.HIPAA may also give you a right to purchase individual coverage if you are not eligible for group health plan coverage and have exhausted the 18-month extension of your previous coverage under the Consolidated Omnibus Budget reconciliation Act (COBRA) or similar coverage.Other job benefits, such as health savings accounts (HSAs), are also be portable, but flexible spending plans (FSAs) are not.

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