TERM CERTAIN ANNUITY
Insurance product ensuring a periodic payment of a preset amount for a specific term. Upon its maturity, the products are spent and gives no possibility of any payments in the future even if the annuitant is alive. Holders may choose to buy these products through periodic payments, or they can purchase it by lump sum payment. Normally, lump sum payments are given shortly after the annuitant’s retirement.
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Accumulation Area
A price where the investors purchase shares of a particular stock. It is usually determined by the looks of the volume and its price. Some analysts ...
SEC Form DEF13E3
SEC Form DEF13E3 is a form which is used as an initial preliminary statement for a company or affiliate that is turning private. “Going priva ...
Transaction
1. Deal between a buyer and a seller to exchange a product, service, or financial instrument.
2. In accounting, an event or condition aff ...
IRS Publication 596
A document that gives information on the earned income credit (EIC) offered to individuals who earn below $51,567. To be eligible to receive EIC, a ...
Depository Trust Company Tracking - DTCT
A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.
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