Term of the day

VAD&D

Voluntary Accidental Death and Dismemberment Insurance (VAD&D) is a financial protection plan that provides money to a beneficiary in the event the policyholder accidentally dies or loses a certain body part.

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POPULAR TERMS

CFP Franc - XPF

Currency of four French overseas collectives including French Polynesia, Futuna, New Caledonia, and Wallis. The Institut d'émission d ...

IRS Publication 575

A document that outlines the tax treatment of distributions from pensions and annuities, as well as the process of reporting income from these dist ...

Homeowners Association Fee - HOA Fee

A fee that has to be paid by owners of a residential property to an organization that helps with maintaining and improving that property.

Deep-Discount Bond

A bond that sells at a significant discount from par value. A bond that is selling at a discount from par value and has a coupon rate significantly ...

Non-Spouse Beneficiary Rollover

A retirement plan asset rollover performed in the event of the death of the account holder, where the recipient is not the spouse of the deceased. ...

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