MRB Financial Glossary
What is it? Medium risk buyFinance Term Definition Added By: Dominic
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Financial Term Transfer Payment is Payment of a lump sum for the value of an employees pension rights, from one Pension Scheme to another Pension Scheme, or to a Buy Out Policy.Financial Term duration drift is A phrase used to describe the slow but inexorable change in duration that occurs with the passage of time. Measurements of duration must be regularly recalculated because of duration drift.
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