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Financial terms in "E-commerce"

1. micropayment

2. Reserve account

3. electronic cheque

4. Digital Wallet

5. Settlement

6. envelope

7. business-to-consumer

8. electronic wallet

9. Acquirer

10. Cyberspace

11. phishing

12. Virtual bank

13. delayed settlement processing

14. Infomediary

15. digital money

16. EFT

17. Transaction

18. EFTPOS

19. OBI

20. Issuing bank

21. Exchange

22. E-Procurement

23. merchant number

24. disintermediation

25. Issuer

26. holdback

27. E-Commerce

28. EDC

29. Electronic funds transfer

30. GW

31. Merchant Bank

32. B2C

33. B2B

34. Wire transfer

35. E-Tailer

36. online banking

37. EDI

38. Clickstream

39. electronic commerce

40. Authentication

41. ACH

42. FAQ

43. discount rate

44. business-to-business

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Definition / Meaning of

Separate Account Fund

Categories: Finance,

Each variable annuity contract offers a number of separate account funds. Each of those funds owns a collection of individual investments chosen by a professional manager who is striving to achieve a particular objective, such as long-term growth or regular income.You allocate your variable annuity premiums among different separate account funds offered in your contract to create a diversified portfolio of funds, sometimes called investment portfolios or subaccounts.If you're comparing different contracts to decide which to purchase, among the factors to consider are the variety of funds each contract offers, the past performance of those funds, the experience of the professional manager, and the fees.In evaluating the past performance and other details of the funds a contract offers, or the funds you are using in the contract you selected, you can use the prospectus the annuity company provides for each separate account fund. You may be able to find independent research on the funds from firms such as morningstar, inc., Standard & Poor's, and Lipper.

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