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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Joint Tenants With Right Of Survivorship

Definition:

The JTWROS account is a brokerage account where the other account holder automatically gets everything in the account when the other account-holder dies. 

Here's a hint: If you married someone significantly more attractive than you and twenty years younger, don't get this brokerage account.