Estate & Gift Planning âº Gift Plans âº Deferred Charitable Gift Annuity Deferred Charitable Gift Annuity A deferred charitable gift annuity is a contract between Wharton and a donor providing for the payment of a fixed income to one or two annuitants, payments to begin at a future date chosen by the donor.
(a) Securities account means an account to which a financial asset is or may be credited in accordance with an agreement under which the person maintaining the account undertakes to treat the person for whom the account is maintained as entitled to exercise the rights that comprise the financial asset.
Definitions (2). 1. Security (such as a registered bond) whose owner's name is registered with the issuer and does not have to present any coupon to receive interest payments. Most securities are issued in registered form which are transferable only through endorsement. Also called fully registered security..Security registered with the regulatory agency (such as Securities And Exchange Commission of the US) for sale as a new issue or secondary offering.