Debt instrument issued by a bank that usually pays interest.

Corporate securities that are exchangeable for a set number of another form at a pre-stated price.

Insurance policy that pays benefits to a policyholder when that person becomes incapable of performing one or more occupational duties, either temporarily or on a long-term basis, or totally.

An annuity whose interest earnings during the accumulation period are linked to rises in a stock index. Life Insurance-Insurance policy that pays a death benefit to beneficiaries if the insured dies.

Investment contract sold by an insurance company that guarantees fixed payments, either for life or for a specified period to an annuitant.

Sponsored entities or federally related institutions.

Insurance policy that pays some or all costs of nursing home care for qualified insureds.

Open ended mutual fund that invests in commercial paper, banker’s acceptances, repurchase agreements, government securities, certificates of deposit, and other highly liquid and safe securities and pays money market rates of interest.

Debt obligation of a state of local government entity.

Type of fund that has a fixed n number of shares usually listed on a major exchange. Unlike open-ended mutual funds, they do not stand ready to issue and redeem shares on a continual basis.

A class of capital stock that pays dividends at a specified rate and that has preference over common stock in the payment of dividends and the liquidation of assets.

Securities usually offered by the firm to employees that are subject to various restrictions.

Ownership of a corporation represented by shares that are a claim on the corporations’ earnings and assets.

An investment vehicle that purchases a fixed portfolio of securities. The trust expires when the bonds mature (if bonds are held) or in the case of equities, at a specified date in the future. Variable Annuities-Life insurance contract shoes value fluctuates with that of an underlying securities portfolio or other index of performance .