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  • Variable Annuities
  • Wealth Accumulation
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  • US Savings Bonds

In CPTerms you will find a glossary that houses the terms for CareerPhysicians' content. If you would like to add or suggest a new term, feel free to email us at info@careerphysician.com.

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  • Compounding Consistency

    A phrase coined by one expert to describe the potentially exponential or "compound" benefits and results to be realized by being consistent in your approach to investment strategies and portfolio management. CareerPhysician
    by admin on 05-07-2020
  • Corporate Bonds

    Long-term bonds issued by corporations with strong credit ratings. Holders of corporate bonds generally receive interest payments semiannually. Corporate bonds are usually issued in $1,000 denominations with maturities ranging from 25 to 40 years on average...
    by admin on 05-07-2020
  • Financial Security Plan

    A detailed, long-term planning document that can be used to guide your financial management towards long-term security and wealth. Usually prepared and managed with the help of a financial consultant, the plan takes into consideration a range of factors...
    by admin on 05-07-2020
  • Cash Value Accumulation

    The cash value of a life insurance policy that is tax-deferred and the death proceeds from the policy are tax free to heirs. CareerPhysician
    by admin on 05-07-2020
  • Cash Value Life Insurance

    A life insurance policy which in addition to providing a benefit upon the death of the policy holder, also accumulates cash value over time enabling benefits to be paid out before death. http://www.investorwords.com/787
    by admin on 05-07-2020
  • Long-term liabilities

    Long-term liabilities are liabilities that are not due within one year. An example would be a mortgage payable. http://www.uschamber.com/sb/business/P06/P06_1324.asp
    by admin on 05-07-2020
  • Fixed assets

    Assets that are generally not converted to cash within one year. Examples are equipment and vehicles. http://www.uschamber.com/sb/business/P06/P06_1324.asp
    by admin on 05-07-2020
  • Trial balance

    A trial balance is prepared at the end of an accounting period by adding up all the account balances in your general ledger. The debit balances should equal the credit balances. http://www.uschamber.com/sb/business/P06/P06_1324.asp
    by admin on 05-07-2020
  • Liabilities

    What your business owes creditors. Liabilities are balance sheet accounts. Examples are accounts payable, payroll taxes payable, and loans payable. http://www.uschamber.com/sb/business/P06/P06_1324.asp
    by admin on 05-07-2020
  • Retained Earnings

    The profits of the business that have not been paid to the owners; profits that have been "retained" in the business. Retained earnings is an "equity" account that is presented on the balance sheet and on the statement of changes in...
    by admin on 05-07-2020
  • Sole proprietorship

    An unincorporated business with only one owner. http://www.uschamber.com/sb/business/P06/P06_1324.asp
    by admin on 05-07-2020
  • Unearned revenue

    Also called prepaid income, it represents money you have received in advance of providing a service to your customer. It is actually a liability of your business because you still owe the service to the customer. An example would be an advance payment...
    by admin on 05-07-2020
  • Break Even

    When net revenues or cash collections equal expenses
    by admin on 05-07-2020
  • Ramp-Up

    The period of during which a practice growing towards attaining profitability. http://www.amazon.com/exec/obidos/tg/guides/guide-display/-/2ZOOXXTHI53QQ/102-8142466-6915367
    by admin on 05-07-2020
  • Revenue

    The money collected by a business from its billings to customers or payors.
    by admin on 05-07-2020
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