An optional redemption feature on a debt instrument allowing the beneficiary of the estate of the deceased to put sell the bond back to the issuer in the event of the beneficiary's death or legal incapacitation.

Also known as a "survivor's option". The death put may be redeemed at par value, and then all proceeds are deposited into the estate.

Death Put

Should interest rates increase substantially, the put may earn a large profit for beneficiaries of the estate. Dictionary Term Of The Day.

Survivor Options On Bonds - Warren Wealth

A measure of what it costs an investment company to operate a mutual fund. Latest Videos PeerStreet Offers New Way to Bet on Housing New to Buying Bitcoin?

This Mistake Could Cost You Guides Stock Basics Economics Basics Options Basics Exam Prep Series 7 Exam CFA Level 1 Series 65 Exam. Sophisticated content for financial advisors around investment strategies, industry trends, and advisor education. Life Estate Named Beneficiary Transfer On Death - TOD Absolute Beneficiary Death Taxes Primary Beneficiary Death Benefit Personal Representative Alternate Beneficiary.

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