JOINT LIFE WITH LAST SURVIVOR ANNUITY
A life annuity or insurance product that provides income to the annuitant, the annuitant and his/her spouse or the annuitant and another beneficiary until both spouse have died. The annuity holder, not term certain, has the option to give a part of the remaining income to a third-party beneficiary. Should the holder mention no beneficiary, it will be given to the estate.
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Skimming
Skimming is an act used by identity thieves to capture the personal information of an individual through electronic means. A little electronic devi ...
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Hiring Freeze
A situation where the employer temporarily freezes the hiring of new employees. Hiring freeze is put into place as a cost-saving effort as a result ...
Lump-Sum Payment
Repayment of the total or partial value of an asset by one-time payment. Usually, this is taken instead of recurring payments that would be receive ...
Announcement Date
The date in which a company will make an announcement on the details pertaining an issue of equity or debt. The announcement da ...
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08:00 | Public Sector Net Borrowing | Mar |