Definition
To cheat a person out of money or property through fraud or deceit.
money and financial problems
Variable annuity
Definition
An annuity — periodic payments to a recipient — that varies in amount based on the performance of the underlying investments.
Illustrative caselawSee, e.g. NationsBank of North Carolina, N.A. v. Variable Annuity Life Ins. Co., 513 U.S....
wildcard exemption
Wildcard exemption is one of a few exemptions the Federal government and state governments allow in bankruptcy that protects some of the debtor’s personal assets from creditors. In Federal bankruptcy and in states where the wildcard exemption...