WEALTH MANAGEMENT GLOSSARY

Alphabetical Listing

S Corporation

SLMA

Sallie Mae

Secondary Market

Secular Trust

Settlement Date

Settlor

Short-Term Reserves

Special Power Of Appointment

Speculation

Stock Power

Stock Split

Stock Transfer Agent

Street Name

Student Loan Marketing Association

Successor Trustee Or Executor

Systematic Risk

Short-Term Reserves

Assets invested in short-term investments and money market funds. These types of investments are typically called cash equivalents; they are readily converted to cash for quick use and offer additional income to the account.

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