ABSOLUTE BENEFICIARY
A beneficiary's designation that is not subject to change without a written consent from the beneficiary. Also known as an "irrevocable beneficiary", absolute beneficiaries can also indicate a trust; the benefit of an employee such as a pension; or any other contract or instrument with a beneficiary clause.
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Business Economics
Study of financial issues and challenges around the company and environment it operates. A field in economics, it dwells on issues relative to busi ...
Stretch Annuity
Annuity option allowing to extend tax-deferred allowances to beneficiaries, giving them more flexibility and control over managing the investment. ...
Book Balance
It is the term that most of the banks use to describe the amount of money available before any adjustments have been made for deposits in transit, ...
Open-Market Rate
It refers to the interest rate paid on debt security that trades in the open market. These rates directly respond to supply and demand changes. ...
Inverted Market
A situation in options and futures where the present or short-term contract prices are higher than long-term expirations or maturities. This normal ...
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Featured Investment: Annuity
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:50 | Domestic Corporate Goods Price Index | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 11:00 | Вице-президент ЕЦБ Луис де Гиндос выступит с речью | ||
| 11:00 | Industrial Production | Sep | |
| 21:30 | Член FOMC Мэри Дейли выступит с речью | ||
| 23:45 | Food Price | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 05:35 | 30-Year JGB Auction | Nov | |
| 09:00 | Harmonized CPI | Oct |
