Your advisory affiliates are (1) all of your officers, partners, or directors (or any person performing similar functions); (2) all…
Zero coupon bonds are bonds that do not pay interest during the life of the bonds. Instead, investors buy zero…
A line graph that shows the relative yields on debt over a range of maturities from three months to 30…
The annual percentage rate of return earned on a bond calculated by dividing the coupon interest rate by its purchase…
A wrap account is an investment account where a "wrapped" fee or fees cover all of the management, brokerage and administrative expenses…
A wash sale occurs when you sell or trade securities at a loss and within 30 days before or after…
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…