Examlex
Summarize the physical changes that occur in young adulthood.
Risk Averse
Refers to the preference of individuals or entities to avoid uncertainty and risky situations, opting for the safest outcome when faced with choices.
Whole Life
A type of life insurance policy that offers lifetime coverage, with consistent premiums and a savings component.
Fixed-Rate Tax-Deferred
Describes investment accounts or financial products that accumulate earnings taxed at a later date instead of when they are earned, with a fixed interest rate.
Savings Plan
A program that allows individuals to allocate a portion of their income for long-term savings or investments.
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