Franklin Templeton Investments

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Main Glossary

 

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Variable annuity. An annuity whose value or income payout fluctuates based upon the investment performance of an underlying portfolio of securities.

Volatility. Characteristic of a security or market to rise or fall sharply in price within a short-term period. Volatility is generally measured by beta.

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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