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 'Supplemental Needs Trust'
Designed to provide benefits to, and protect the assets of, physically or mentally disabled persons and still allow them to be qualified for and receive governmental health care benefits, especially long-term nursing care benefits, under the Medicaid welfare program.