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Wealth Management Glossary

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S Corporation
SLMA
Sallie Mae
Secondary Market
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Current TermSpecial Power Of Appointment
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Special Power Of Appointment
A power of the donee (the one who has the power) to pass on an interest in property that is limited in some way—as to or for whom or to the time within which the donee must exercise the power. Also known as a limited power of appointment.

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