Charles C. Mihalek, PSC
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Definitions for Investors
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Variable Annuity
An insurance contract in which at the end of the accumulation stage the insurance company guarantees a minimum total payment to the annuitant.
Volatility
The magnitude and frequency of changes in the price of a security or commodity within a given period of time.