A viatical settlement allows you to invest in another person's life insurance policy. With a viatical settlement, you purchase the…
These have changeable interest rates. Some variable-rate CDs feature a "multi-step" or "bonus rate" structure in which interest rates increase…
A variable life insurance policy is a contract between you and an insurance company. It is intended to meet certain…
A "surrender charge" is a type of sales charge you must pay if you sell or withdraw money from a…
You may cancel your contract within a short period (usually lasting at least 10 days) of receiving it without a…
A variable annuity is a contract between you and an insurance company, under which you make a lump-sum payment or…
A unit investment trust UIT is one of three basic types of investment companies. The other two types are open-end funds…
Ultra-short bond funds are mutual funds that generally invest in fixed income securities with extremely short maturities, or time periods in which…
An institution, usually a bank, designated by the issuer as the custodian of funds and official representative of bondholders.
Treasury securities—including Treasury bills, notes, and bonds—are debt obligations issued by the U.S. Department of the Treasury. Treasury securities are…