Pension Transfer Financial Glossary

What is it? If you want to transfer your pension from one management company to another, or from one employer to another

Finance Term Definition Added By: Evan

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Other Similar Finance Terms:

Financial Term GNMA is See Government National Mortgage Association.

Financial Term Escrow is A transaction in which a third party, acting as the agent for the buyer and seller, carries out instructions of both and assumes the responsibilities of handling all the paperwork and disbursement of funds.

Financial Term Residual Dividend is An approach to dividends that suggests a firm pay dividends if and only if acceptable investment opportunities for those funds are currently unavailable.

Financial Term Mortgage is A legal document that pledges real estate as security for repayment of a loan or other obligation (see Deed of Trust).

Financial Term IRA is (see Individual Retirement Account)