Charges typically are asset based (or, expressed as a percentage of account value, e.g., 15 basis points is the same as 0.15%). A guaranteed minimum income benefit (GMIB) rider is designed to provide the investor with a base amount of lifetime income when they retire regardless of how the investments have performed.
Define state house. state house synonyms, state house pronunciation, state house translation, English dictionary definition of state house. also state house n. A building in which a state legislature holds sessions; a state capitol. n NZ a house built by the government for renting
2 n-uncount You can use home to refer in a general way to the house, town, or country where someone lives now or where they were born, often to emphasize that they feel they belong in that place.