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Wealth Management Glossary

A Shares ADRS Abatement Accrued Income Accrued Interest Active Trust Administrative Provisions Administrator Administrator Cum Testamento Annexo (Also Known As Administrator CTA) Administrator Cum Testamento Annexo De Bonis Non (Also Known As Administrator CTA) Administrator With The Will Annexed Agency American Depository Receipts Amortization Annual Gift Tax Exclusion Annuity Apportionment Appraisal Asset Attorney In Fact Authenticated Copy

Abatement The reduction of a gift under a will due to an insufficiency of assets to satisfy all gifts and legal obligations. The general rule is that all gifts of the same class will abate proportionately, unless otherwise provided.

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