Terms

Refers to the economy or capital markets of developing nations, which are often new, un-established or have a limited history.

The Employee Retirement Income Security Act of 1974, which is administered by the U.S. Department of Labor. ERISA does not

Fees that direct-sold college savings plans may charge to join in the program.

Tax on the right to transfer property at the owner’s death.

ETFs or exchange-traded funds are low cost index funds that trade like stocks. ETFs offer intraday liquidity meaning they can

ETNs or exchange-traded notes are unsecured debt securities that pay a return linked to the performance of a single security

A statement or proof of your health, finances or job, which helps the insurer decide if you are an acceptable

A company’s incurring of liabilities, or outflow or depletion of assets, through carrying out the activities that constitute their central

The expense ratio of a mutual fund or ETF covers the cost of investment management, legal and administrative expenses, 12b-1

The amount stated on the face of the policy that will be paid in case of death or at the