YEARS CERTAIN ANNUITY
Years Certain Annuity is an insurance product that pays a monthly income to the policyholder for a certain period of time. Like all the other annuities, it is typically used to provide a stable income during retirement. However, its difference from the others is that its benefits can only be availed for a predetermined number of years. It doesn’t take into account how long the holder lives.
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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