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WEALTH MANAGEMENT GLOSSARY

Alphabetical Listing

B Shares

Backup Withholding

Bailment

Basis

Bearer Bonds

Beneficiary

Bequest

Beta

Block Sale

Blue Chip Stocks

Bond

Bond Power

Book Value

Bull/Bear

Bypass Trust

Bearer Bonds

Bonds that are not registered as to the name of the owner, but are the property of the holder and title to which passes by delivery. The tax code now denies tax-free treatment for interest paid on most bonds that are not registered.

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