DEFERRED ANNUITY
A type of annuity contract that delays payments of income, installments or a lump sum until the investor elects to receive them. This type of annuity has two main phases, the savings phase in which you invest money into the account, and the income phase in which the plan is converted into an annuity and payments are received. This type of annuity also provides a death benefit, so that the beneficiary of the annuity is guaranteed the principal and the investment earnings.
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Wholesale Energy
Wholesale Energy is the purchase and sale of energy products, such as electricity, natural gas, and steam, in the wholesale market by energy produc ...
Letters Patent
A legal instrument issued by the government, which grants the entire rights to a private entity or a corporation for a new invention. The letter st ...
Inflation Trade
Investing method that aims to generate profit from an overall hike in price levels. It often entails trades in commodities including oil and gold b ...
Activity Dictionary
A list of specific activities that are used in the activity-based costing (ABC) analysis. The list is made up of description of different activitie ...
Acronym
Acronym for countries Turkey, Indonesia, Mexico, and Philippines. A group of investors and economists to classify fast-growing emerging market econ ...
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