PDA

 

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PDA

(Personal Digital Assistant) - a handheld electronic device that performs multiple functions (such as cellular phone plus personal organizer) and which accepts input via a pen-like stylus and/or voice recognition.



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Single Premium Deferred Annuity (SPDA)

Single Premium Deferred Annuity (SPDA)

An IRA-like annuity into which an investor makes a lump-sum payment that is invested in either a fixed-return instrument or a variable-return portfolio, which is taxed only when distributions are taken.




 
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