Business / Taxes / Convertible Term: A convertible term life insurance policy can be converted into a permanent life policy at some point in the future without requiring you to pass a health screening exam. A convertible term policy is generally more expensive than a regular term policy from the same insurance provider. Like other term insurance policies, a convertible term policy remains in force for a specific period of time, or term, and can usually be renewed for an additional term, though the premiums typically increase with each renewal.
Term Noun Synonyms: name, title, designation, appellation, word, expression, locution, phrase
Term Adjective Synonyms: sitting, stint, session, course, incumbency, administration
Business / Finance / Short-Term: A repealed IRS restriction, that used to limit profits from short-term trading, which three months, to 30% of gross income. The penalty for exceeding this limit would be the loss of certain tax-free b MORE
Business / Finance / Short-Term Bond Fund: Any investments with a maturity of one year or less. MORE