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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Fuzzy Logic
A mathematical logic that attempts to solve problems by assigning values to an imprecise spectrum of data in order to arrive at the most accurate c ...
Blanket Lien
Lien authorizing the lenders to seize all or almost all assets and collateral of a debtor in the event of default. It provides maximum protection t ...
White List States
White List States is a group of US countries that allow the addition of a specialized liability or property coverage by a nonadmitted insurer in th ...
Accumulated Other Comprehensive Income
It is usually found in the equity section of a company’s balance sheet. It measures the gain and the losses of a business that have yet to be ...
Term Sheet
Non-binding agreement outlining the basic terms and conditions of a potential venture capital investment, acting as a template to develop more deta ...
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Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
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