Important Financial Investment Terms
Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Charitable Remainder Annuity Trust'
An irrevocable gift that pays a specific dollar amount yearly to an income beneficiary(s) for life or for a specified number of years, after which the principal becomes a gift to the church or charity designated by the donor.