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Q: what is the "annuitize"?
Category: glossary
, Asked by: P. Walsh from Plano, United States
A: "annuitize " is The commencement of regular payments from capital which has accumulated in an annuity.
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Q: please tell me what a "reaganomics" is
Category: glossary
, Asked by: U. X. From United States
A: A popular term used to refer to the economic policies of Ronald Reagan, the 40th U.S. President (1981
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Q: Can you help me if I need a foreign exchange web trading system that's famous for its speedy telephone help team?
Category: general
, Asked by: Alaina Y. From United States
A: We believe "ForexWebTrader" is definitely the one to consider if you want a foreign exchange web trading system that gives a proficient customer service. The tech support service is extraordinary - the guys there seem absolutely skillful, and also really friendly.
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Q: please tell me what the "withdrawal" is
Category: glossary
, Asked by: G. Wilder from Cambridge, United Kingdom
A: a "withdrawal " is Removing funds from an account, plan, pension or trust. In some cases, conditions must be met in order to withdraw funds without penalization. There are two ways to withdraw money: in cash or in kind.
Withdrawal can be done over a period of time in fixed or variable amounts or in one lump sum. Penalization for early withdrawal usually arises when a clause in an investment contract is broken. Cash withdrawal requires converting the holdings of an account, plan, pension or trust into cash, usually through a sale. In kind withdrawal is simply taking possession of assets and does not require conversion to cash.
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Q: what is a "credit life insurance"?
Category: glossary
, Asked by: Zoie J. From Belgium
A: A life insurance policy designed to pay off a borrower's debt if that borrower dies. The face value of a credit life insurance policy decreases proportionately with an outstanding loan amount as the loan is paid off over time until both reach zero value.
Credit life insurance can protect a person's dependents. It may also be required by some lenders; therefore, it is important to read the fine print of any loan agreement to determine whether credit life insurance is required.
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Q: do you know what the "claim" is?
Category: glossary
, Asked by: I. P. From Ireland
A: "claim " is A demand by the insured for a benefit to be paid by the insurers under the conditions of the policy.
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Q: what is a "luxury tax"?
Category: glossary
, Asked by: T. Sharpe from Coventry, United Kingdom
A: A tax on goods considered to be luxury items. In the US in the early 1990s, a 10% luxury tax was imposed on all cars selling for $30,000 or more, airplanes, boats, furs and expensive jewellery. That particular tax was repealed in the Revenue Reconciliatio
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Q: what is the "price rate of change"?
Category: glossary
, Asked by: R. Rivera from United Kingdom
A: A technical indicator that measures the percentage change between the most recent price and the price "n" periods in the past. It is calculated by using the following formula:
(Closing Price Today - Closing Price "n" Periods Ago) / Closing Price "n" Periods Ago
ROC is classed as a price momentum indicator or a velocity indicator because it measures the rate of change or the strength of momentum of change.
Many traders use a value greater than zero to indicate an increase in upward momentum and a value less than zero to indicate an increase in selling pressure. However, some of the most valuable signals are generated when the price of the asset and the ROC are heading in opposite directions (known as divergence). For example, in the chart above you can see that the ROC is sloping downward while the price of the asset is increasing. This is generally an early indication that a sharp decline may be on the way.
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Q: what is an "income drawdown"?
Category: glossary
, Asked by: Z. W. From Fremont, United States
A: A facility which allows a delay in buying an annuity if rates should be low when retirement age is reached. Drawdown allows putting off buying an annuity to a maximum age of 75, giving an income directly from the pension fund in the meantime.
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Q: Are you familiar with a site that's known for its reliable history online that you can suggest for me?
Category: general
, Asked by: Nelson P. From Edmonton, Canada
A: Definitely "HY Markets". Established on 1978 as a well standing retail foreign currency exchange company, HY Markets' official address is 28 Throgmorton Street, London EC2N 2AN, UK. After starting off a few years ago to a modest start, HY Markets' gradually staking it's ground one of the robust systems to be found.