Tag: college
Absolute Beneficiary
What is 'Absolute Beneficiary' A designation of a beneficiary that can not be changed without the written consent of that beneficiary. Also...
Accelerated Option
What is 'Accelerated Option' This term refers to an option in an insurance contract, usually in the form of a rider, that...
Real Estate Agent
DefinitionA real estate broker or real estate salesperson is a person who acts as an intermediary between sellers & buyers of real estate/real property....
Reallowance
What is 'Reallowance'
In securities underwriting, the fee that the underwriting group pays to a securities firm that is not part of the syndicate, but...
Realtor
What is a realtor
Realtors are licensed professionals who help people buy and sell property. In most states, realtors must be at least 18 years...
Reaffirmation
What is 'Reaffirmation' An agreement made between a debtor and a creditor to repay some or all of a debt. Reaffirmations are...
Satellite Operation
Satellite Operation What is 'Satellite Operation ' A small office in a different location from a company or government agency's main...
Sallie Mae (Student Loan Marketing Association)
What is 'Sallie Mae - Student Loan Marketing Association' Sallie Mae is a publicly traded company that is the largest provider of...
Savings Bond Plan
What is 'Savings Bond Plan' A program that allows employees to purchase U.S. savings bonds, such as the Series EE and Series...