Telephone: 01539 725855 – no phone menus – talk to a real person today who can direct you to what you need

Joint life annuity

An annuity that continues after the death of the first partner and ends after the death of the second partner.

Junk bond

Another name for high yield or sub-investment grade corporate or government bonds. So called because they have a higher chance of default than non-junk bonds, and therefore pay a higher return.

← Back to Glossary

© Financial Management Bureau Ltd 2011 - 2017. All rights reserved.
Financial Management Bureau Ltd is a limited company registered in England and Wales. Registered office: Shenstone House, Helsington, Kendal, Cumbria LA8 8AA. Registered number: 02089786