ANNUITY IN ARREARS
An annuity which has annual payments of either principal and/or interest that must be paid at the end of a given time period. The annuity in arrears is one of the most common types of annuities. They are also referred as ordinary annuities.
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Hard-to-Borrow List
A list that outlines the securities a brokerage can’t provide to investors for short selling.
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