SEPARATE ACCOUNT
Separate Account is defined in two ways. First, a separate account means an investment account that is managed privately via a brokerage or financial advisor. This account buys individual assets using pooled money. Second, a separate account is the payment made to an insurance company for the investment in securities. This meaning is used in the context of variable annuities and are kept separate from the general investment of the insurer.
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Blotter
Record of transactions made within a time period. Details include time, price, volume, and order (buy or sell). Normally created through a trading ...
Estimated Current Return
Approximate return for a unit investment trust over the short-term, which is calculated by getting the valuated annual interest income from the sec ...
Lock-Up Agreement
A legally binding contract which prohibits the underwriters and company insiders from selling any shares of stock during the transition period for ...
Transfer Payment
1. In the United States, payment given by the government to individuals through several benefit programs.
2. In Canada, payment made by t ...
ZBA
A Zero Balance Account or ZBA is a checking account with a maintaining balance of zero. Its sole purpose is to receive funds from a master account. ...
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| 00:00 | FOMC Member Patrick T. Harker Speaks | ||
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