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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Unallocated funding instrument for pension plans under which premiums are placed on deposit, and are not currently allocated to the purchase of benefits for the employee. At retirement, an ...

Something that cannot be changed. In life insurance, a beneficiary who has been named as irrevocable cannot be changed without his or her formal (written) permission. ...

Endowment period of time, in life insurance, at which the face amount of the policy is payable to the insured. ...

Periodic payments to an annuitant. ...

Individual or organization that provides the mechanism in which financial assets are accumulated for the purpose of paying accrued pension benefits. ...