Definition of "Funding agreement"

Susan Tulloch real estate agent
Susan Tulloch, Real Estate Agent RE/MAX Realty Unlimited

Private placement investment contract sold by insurance companies. This product has no registration requirement and pays the investor a higher rate of return than commercial paper. Frequently associated with this product are put options that permit the investor to terminate the contract provided 7,30,90, or 180 days' notification is given.

 

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