amortality n.— «You may not have heard of amortality before—mainly because I’ve just coined the term. It’s about more than just the ripple effect of baby boomers” resisting the onset of age. Amortality is a stranger, stronger...
Cancun account n.— «KissTrust provides grantors with a measure of control that is not offered by Uniform Gifts to Minors Act (UGMA) accounts and Uniform Transfers to Minors Act (UTMA) accounts. “In the industry, UGMAs and UTMAs are...
laddering n.— «It’s also possible to buy a series of CDs, often referred to as “laddering,” so you’ll have some coming due at fairly frequent intervals, allowing you to renew at higher rates if rates are rising.» —“What...
funding cliff n.— «Naturally, however, there’s a budget sleight-of-hand. Known as a “funding cliff,” the yearly Schip layout increases to $13.9 billion in 2011, then abruptly cuts spending by 65% below current funding levels...