Glossary

Glossary definition entries
11
Jun

Account Value

Definition The account value is the contractually defined current value of a deferred annuity, used as the reference for surrender,
2 min read
11
Jun

Accumulation Value

Definition The accumulation value is the contractually defined value of a deferred annuity at any point during the accumulation phase,
2 min read
11
Jun

Risk Sharing

Definition Risk sharing is the structural property of a claim that specifies who bears the longevity risk associated with the
2 min read
04
Jun

Secondary Market Annuity

04
Jun

State Guaranty Association

22
May

Yield Curve

22
May

X-Share Variable Annuity

22
May

Wealth Preservation

22
May

TIPS

22
May

Variable Annuity

Definition A variable annuity is an insurance contract under which the contract owner allocates premium to subaccounts holding investment options
3 min read
22
May

Wealth Management

22
May

Target Date Fund

22
May

Structured Product

22
May

VIX

22
May

Surrender Fee