Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Quality of Life

What it is:

Quality of life describes the happiness, independence and freedom available to an individual.

How it works (Example):

For example, if John Doe hits a dog with his car one night, he may have to consider euthanizing the dog if the veterinarian determines that the dog's quality of life, should it survive, would be very low.

Why it Matters:

Quality of life is a subjective measure. However, even in the math-oriented world of investing, it plays an important role in setting investing goals and determining one's tolerance for risk. It is also important in matters of insurance and health care, which often hinge on a patient's ability to perform the activities of daily living independently (eating, bathing, dressing, toileting, walking and continence).

Related Terms View All
  • Auction Market
    Though most of the trading is done via computer, auction markets can also be operated via...
  • Best Execution
    Let's assume you place an order to buy 100 shares of Company XYZ stock. The current quote...
  • Book-Entry Savings Bond
    Savings bonds are bonds issued by the U.S. government at face values ranging from $50 to...
  • Break-Even Point
    The basic idea behind break-even point is to calculate the point at which revenues begin...
  • Calendar Year
    If Company XYZ starts its fiscal year on January 1 and ends its fiscal year on December...