Death Benefit
|
| |
If you die, a person you select as a beneficiary (such as your spouse or child) will receive the greater of: (i) all the money in your account, or (ii) some guaranteed minimum (such as all purchase payments minus prior withdrawals).
|
| |
Source:
|
United States Securities and Exchange Commission
|
|
Deferred Sales Charge (Load)
|
| |
The category "Deferred Sales Charge (Load)" in the fee table refers to a sales load that investors pay when they redeem fund shares (that is, sell their shares back to the fund). You may also see this referred to as a "deferred" or "back-end" sales load. When an investor purchases shares that are subject to a back-end sales load rather than a front-end sales load, no sales load is deducted at purchase, and all of the investors' money is immediately used to purchase fund shares (assuming that no other fees or charges apply at the time of purchase).
|
| |
Source:
|
United States Securities and Exchange Commission
|
|
Digital (Digital Option, Binary Option)
|
| |
An option with a fixed, predetermined payoff if the underlying instrument or index is at or beyond the strike at expiration. The value of the payoff is not affected by the magnitude of the difference between the underlying and the strike price.
|
| |
Source:
|
American Stock Exchange
|
|
Dollar Cost Averaging
|
| |
An investment strategy that involves investing a fixed dollar amount at regular intervals in one or more financial instruments.
|
| |
Source:
|
LOMA's Glossary of Insurance and Financial Services Terms Copyright c 2002 LOMA (Life Office Management Association, Inc.). Used with permission from the publisher. All rights reserved.
|
|
Dow Jones Industrials
|
| |
A price-weighted average of 30 actively traded blue chip stocks. It is the oldest and most traditionally quoted indicator of changes in the market.
|
| |
Source:
|
National Association of Securities Dealers, Inc.
|
|
