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Financial Terms related to Exchange
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glossary with more than five thousand financial
and business terms.
This...
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Findthousandsoffinancialtermsatwww.
ftpall.
com
Financial Terms related to Exchange
This document is part of the valuable contents
available at www.
ftpall.
com, a free online
glossary with more than five thousand financial
and business terms.
This document can be copied and distributed freely
respecting its original format.
It is forbidden its
transcription, translation or change on its format
without authorization of its author or editor.
EXCHANGE
1035 exchange
• Is a transaction that permits the exchange of a life insurance contract for another
insurance contract or annuity.
It can be with the same or different company.
It is
important to research the specifics because some of the product exchanges only
work one way.
For example, an annuity can not be exchanged for a life policy.
American stock exchange
• Abbreviated AMEX.
A market located in New York City that handles approximately
one-fifth of all securities trades within the United States.
• Abbreviated AMEX.
The second
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