CERTAIN AND CONTINUOUS
Annuity ensuring numerous payment even if the annuitant passes away. If the annuity holder dies during the guaranteed period, a specified beneficiary will receive the remaining payments. Or if the annuitant outlives the defined number of guaranteed payments, he would continue to receive income payment for life but no payment would be made to the beneficiary.
POPULAR TERMS
Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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SEE FOREX TUTORIAL
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The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
Student Loans: Repayment in Times of Financial Difficulty
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Buying a Home: Determining the Amount You Can Afford
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Student Loans: Loan Repayment
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