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Actuarial Rate
The rate developed by actuaries based on statistical data, used in calculating insurance premiums and pension contributions.
Inflation Rate
The rate at which the general level of prices for goods and services is rising, and, subsequently, eroding purchasing power.
Personal Trusts
Legal arrangements where assets are held by a trustee for the benefit of another party, often used for estate planning, to manage wealth, or provide for beneficiaries according to the grantor's specifications.
Futures Contracts
Financial derivatives that obligate the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price.
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