Tag: type

What is ‘Unbundled Life Insurance Policy' An unbundled life insurance policy is a type of insurance policy and planned financial protection that offers money to...

What is a 'Call Deposit Account' A call deposit account is a bank account for investment funds that offers the advantages of both a savings...

DefinitionA concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than...

What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and...

What is 'Targeted Amortization Class - TAC' A type of credit derivative that is similar to a planned amortization class (PAC) in...

Qualifying Domestic Trust (QDOT) What is 'Qualifying Domestic Trust - QDOT' A type of trust that allows taxpayers who are not...

Home Ownership by Country Vendor Take-Back Mortgage What is a 'Vendor Take-Back Mortgage' A vendor take-back mortgage is a type of mortgage...

What is 'Lease Balance' The amount of money that a customer owes under the terms of a vehicle lease contract. The lease...

What does 'Easement In Gross' mean An easement in gross is an easement that attaches a particular right to an individual or entity rather than...

DefinitionKeogh plans are a type of retirement plan for self-employed people and small businesses in the United States. Keogh Plan What is the...