Terminology

Accumulated Value
Annual Reset (Annual Ratchet)
Annuitant
Annuity Income Payments
Averaging
Bond
Call Option
Cap
Cash Value (Contract Value, Surrender Value)
Certificate of Deposit (CD)
Compound Interest
Contract Fee
Crediting Methods
Credit Risk
Current Interest Rate
Death Benefit
Deferred Annuity
Defined Liquidity
Equity Index Universal Life
European-Style Option
Excess Interest
Exercise
Fixed Annuity
Floor
Free-Look Provision
Free Withdrawals
GMIB / LIBR value
Immediate Annuity
Index
Indexing
Market Index Securities
Market Risk
Margin/Spread/Administrative Fee
Market Risk
Maturity Date
MEC / Modified Endowment Contract
Methodology
Minimum Guaranteed Return
Non-Qualified money
Option
Paramed
P/E Ratio
Participation Floor
Participation Rate
Point-to-Point
Probate
Put Option
Return Floor
RMD / Required Minimum Distribution
Rule of 72
Simple Interest
Stretch IRA
Strike Price
Surrender Charge
Surrender Value
Tax Deferral
Tax Qualified money
Term
Term Average Highest Anniversary
1035 / Tax Free exchange
Term End Point
Term High Point (High Water Mark)
Universal life
Universal variable life
Variable Annuity
Vesting
Variable life
Whole life