Solved

For Each of the Following Definitions, Indicate the Key Term

Question 10

Essay

For each of the following definitions, indicate the key term from the list that best matches by placing the appropriate definition.
A. Term endowments
B. Annuity agreements
C. Collections
D. Pooled life income agreements
E. Spending rate
F. Total return
________1. Agreements to pay the donor the income earned by assets donated to an organization over the specified beneficiary's lifetime
________ 2. A comprehensive measure of the rate of investment return, which includes unrealized and realized gains and losses, as well as interest and dividend income
________ 3. A contribution that must be retained intact until the happening of a specific event or the passage of a stated period of time
________ 4. The proportion of total return that may prudently be used by an institution for current purposes
________ 5. Agreement to pay stipulated amounts periodically to the donor of assets by the recipient organization

Correct Answer:

verifed

Verified

1. D, 2. F...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions