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Wealth Management Glossary

DTC Death Taxes Deduction Defeasible Deferred Annuity Defined Contribution Plan Depreciation Direct Skip Disbursement Discount Broker Discretionary Account Dispositive Provisions Distribution Diversification Dividend Domicile Donee/Donor Dow Jones Industrial Average Duration

Diversification The practice of investing among several categories of investments (including different industries, countries, or investment vehicles) to enhance return and reduce risk. Avoids excessive exposure to any one source of risk.

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