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When the holder of a financial instrument with a puttable feature dies, the ability to sell back the instrument at a predetermined price is typically transferred to their estate or beneficiaries.

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5mo ago

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What happens to a CD puttable upon death of the holder?

When a CD is puttable upon the death of the holder, it means that the beneficiary or estate of the deceased holder has the option to redeem the CD early without penalty.


What happens when you lie on FAFSA?

Financial aid is likely denied to you.


What can protect someone from financial loss?

Insurance is the financial instrument invented to protect people from significant financial loss. The basic way insurance works is that the insured person pays a premium to the insurance company in exchange for insurance coverage in the event that something happens. When something does happen that would have otherwise financially ruined the insured, the insurance company pays for it. The insurance company makes money by playing the odds that all the people they will insure will not need insurance all at the same time and that the premiums they pay will outweigh the coverage they will need.


What happens if you divorce after you apply for FAFSA?

You can speak to a financial aid counselor at your school and have them help you adjust your FAFSA.


What happens when you've gotten Financial Aid but failed or dropped out and can you go to school this upcoming semester even with debt?

You can still go back to school but will not qualify for financial aid until you have taken enough credits to cover the previous financial aid you received. For example: If you received financial aid for 12 credits, you need to take 12 credits in the next semester to qualify for financial aid again.

Related Questions

What happens to a CD puttable upon death of the holder?

When a CD is puttable upon the death of the holder, it means that the beneficiary or estate of the deceased holder has the option to redeem the CD early without penalty.


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when that happens you usually just have to replace the instrument cluster when that happens you usually just have to replace the instrument cluster when that happens you usually just have to replace the instrument cluster


How do you play an instrument on clubpenguin?

you play an instrument by wearing no clothes on your instrument and dance.sometimes wave to see wat happens!PS my penguin is called Blaze Jr2!hope i helped:D


What happens when you lie on FAFSA?

Financial aid is likely denied to you.


What happens if you ignore a subpoena for financial records?

You can be held in comtempt of court.


What happens at the Gherkin?

It is an office building in the financial centre of London. It also has restaurants in it.


What happens if you drop courses with financial aide?

You have to pay any stuent loans, but not the grants.


What are the incidents in a life of a negotioniable instrument?

Some common incidents in the life of a negotiable instrument include transfer, negotiation, presentment, dishonor, and discharge. Transfer refers to the passing of the instrument from one party to another, whereas negotiation refers to the transfer of the instrument to a holder in due course. Presentment is the act of showing the instrument to the party primarily liable on it, dishonor occurs when the instrument is not accepted or paid by the party responsible for it, and discharge happens when the liability on the instrument is terminated.


What do the cards do in Harvest Moon Cute?

It is only A little bonus feature. If you get all the cards... Nothing happens.


What can protect someone from financial loss?

Insurance is the financial instrument invented to protect people from significant financial loss. The basic way insurance works is that the insured person pays a premium to the insurance company in exchange for insurance coverage in the event that something happens. When something does happen that would have otherwise financially ruined the insured, the insurance company pays for it. The insurance company makes money by playing the odds that all the people they will insure will not need insurance all at the same time and that the premiums they pay will outweigh the coverage they will need.


What happens to the borrower if they cannot pay back the financial intermediary that lends those funds?

Help?


What happens if your car gets keyed on your friends property and you dont know who did it what happens?

Report the vandalism to Police Make an insurance claim Your friend has no financial responsibility