Glossary | Tomorrowmakers

A B C D E F G H I J K L M N O P Q R S T U V W

Hard Assets
A hard asset is a physical and tangible asset that can be used to purchase other goods or services. Some examples of hard assets are financial instruments such as cash or physical objects such as buildings, machines etc.

Health Insurance
A type of insurance that compensates the insured individual for medical as well surgical costs incurred upon his/her injury and illness.

Hit and Run
Death or injury caused by a hit and run accident, wherein, the identity of the person responsible for the accident is uncertain.

Holdings
The assets that form a part of the investment portfolio held by an individual or a company are known as the holdings. Holdings can be anything ranging from bonds, stocks, mutual funds to other investment products.

House Breaking
A form of crime wherein an attempt to commit theft is made by entering the house in a secretive manner.

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