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Glossary of Terms

A simple trust is a type of trust. It is characterized by having to distribute to the beneficiaries all of the net income generated by the trust property...
Standard...
The death benefit is the money payable to the beneficiaries under a life insurance policy - for example, a term life insurance where...
In finance, an option is the right to buy or sell an asset (usually stocks, but not always) at a certain price before a certain date. The right to buy is known as a...
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