LIFE WITH GUARANTEED TERM
An annuity calculation option where the annuitant receives income payments for lifetime but also guarantees to generate income for a minimum number of years, after the commencement of the annuitization period, even if the policyholder dies before the end of the term. This aims to safeguard the annuitant’s beneficiaries from financial difficulties in the event the owner dies. But the payments from annuities are typically smaller.
POPULAR TERMS
M3
Measuring money supply which includes the following: M2, large time-deposits, repos of maturity larger than one day at commercial banks, institutio ...
S&P 500 Mini
S&P 500 Mini is a derivative contract that represents a designated fraction of the trading value of a standard S&P futures or options contr ...
Rationalization
A reorganization of a company to surge its efficiency. Reorganization may lead to an expansion or reduction in company size, policy changes, or an ...
Industry Bet
Strategy where investors or portfolio managers escalate or reduce holdings in an entire industry, rather than buying or selling individual stocks f ...
Risk Averse
A term that describes an investor who will prefer an investment with the lower risk when he or she encounters two investments with a similar expect ...
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