Institute and Faculty of Actuaries and Integration: Difference between pages

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(IFoA).
1. ''Business combinations.''


The chartered professional body for actuaries in the UK.  
A reduction in the total number of participants in a market, following a merger or acquisition.


Formed from the merger of the Institute of Actuaries and the Faculty of Actuaries.
This type of integration may be 'vertical' or 'horizontal'.


2. ''Financial maths.''
In maths and financial maths, integration is the reverse process of [[differentiation]].
3. ''Money laundering.''
The conversion of laundered money into assets which have the appearance of having been legitimately acquired.
This is a common third stage of money laundering, following 'placement' and 'layering'.




== See also ==
== See also ==
* [[Actuary]]
* [[Acquisition]]
* [[Derivative]]
* [[Differentiation]]
* [[Horizontal integration]]
* [[Layering]]
* [[Merger]]
* [[Money laundering]]
* [[Placement]]
* [[Vertical integration]]
 
[[Category:The_business_context]]

Revision as of 19:39, 1 September 2018

1. Business combinations.

A reduction in the total number of participants in a market, following a merger or acquisition.

This type of integration may be 'vertical' or 'horizontal'.


2. Financial maths.

In maths and financial maths, integration is the reverse process of differentiation.


3. Money laundering.

The conversion of laundered money into assets which have the appearance of having been legitimately acquired.

This is a common third stage of money laundering, following 'placement' and 'layering'.


See also