Convertible Term

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.

Other Words for Term

Term Noun Synonyms: name, title, designation, appellation, word, expression, locution, phrase
Term Adjective Synonyms: sitting, stint, session, course, incumbency, administration
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Short-Term

Business / Finance / Short-Term: A repealed IRS restriction, that used to limit profits from short-term trading, which three months, to 30% of gross income.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

Short-Term Bond Fund

Business / Finance / Short-Term Bond Fund: Any investments with a maturity of one year or less. MORE

Short-Term Borrowing

Business / Finance / Short-Term Borrowing: A bond mutual fund holding short to intermediate-term bonds that have maturities of three to five years. MORE

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