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Super Finance Glossary

Over 10,000 financial glossary terms...

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Browsing by the letter "B"

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Bypass Trust
Definition: An irrevocable trust that is designed to pay trust income (and principal, if needed) to an individual's spouse for the duration of the spouse's lifetime. The bypass trust is not part of the beneficiary spouse's estate and is not subject to federal estate taxes upon his/her death.
BZ
Definition: The two-character ISO 3166 country code for BELIZE.
BZD
Definition: The ISO 4217 currency code for Belize Dollar.
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