Net premium is the anticipated present value of a policy’s benefits less than expected value of future premiums. 

 

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Pooled funds is a term describing a portfolio of money from lots of individual investors that are pooled together for the purposes of investment.

 

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Pink sheets are listings for stocks that trade over-the-counter. These are the companies that are not listed on a major exchange like NYSE or Nasdaq.

 

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Reinvestment rate is the amount of interest that can be earned when money is taken out of one and put into another. fixed-income investment 

 

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