Financial Acronyms for Professionals

We mentioned alphabet soup, yet that only covered the acronyms for different agent communities. Here’s a comprehensive list of terms you might come across as a financial professional.

  • TC: Truth Concepts
  • PEMA: Prosperity Economics Movement
  • PEMA: Prosperity Economics Advisors
  • BOY: Beginning of year
  • EOY: End of Year
  • IRR: Internal Rate of Return
  • ROR: Rate of Return
  • PFT/PFTA: Prosperity Flow-Through Account
  • PUA: Paid-up Additions
  • PLI: Permanent Life Insurance
  • IUL: Indexed Universal Life (insurance)
  • EIUL: Equity Indexed Life (insurance)
  • VUL: Variable Universal Life (insurance)
  • UL: Universal Life (insurance)
  • WD: Withdrawal
  • CV: Cash value
  • DB: Death benefit
  • YRT: Yearly-Renewable Term (insurance)
  • CG: Capital gains
  • CRT: Charitable Remainder Trust
  • DST: Deferred Sales Trust
  • WL: Whole Life (insurance)
  • CD: Certificate of Deposit
  • IMO: Independent Marketing Organization
  • FMO: Field Marketing Organization
  • NMO: National Marketing Office
  • MGA: Managing General Agent
  • GA: General Agent
  • BGA: Brokerage General Agency
  • PPGA: Personal Producing General Agent
  • CFB: Cash Flow Bridge
  • VB: Volatility Buffer
  • ETF: Exchange Traded Funds
  • FDIC: Federal Deposit Insurance Corporation
  • FRB: Federal Reserve Board
  • IRA: Individual Retirement Account
  • REIT: Real Estate Investment Trust
  • SEC: Securities Exchange Commission
  • TSA: Tax Sheltered Annuity
  • SPIA: Single Premium Immediate Annuity MEC: Modified Endowment Contract
  • LLC: Limited Liability Company
  • P&L: Profit and Loss
  • YTD: Year to Date