Investment Vehicles

noun a fixed sum of money paid to someone each year, typically for the rest of their life

• An annuity is a financial product that provides a series of payments over a predetermined period of time.
• My grandparents receive an annuity every month from their retirement fund.
• I heard that investing in annuities is a smart move for long-term financial stability.
• The steady stream of income from the annuity acted as a safety net during tough times.

noun CDO is an acronym that can stand for different things depending on the context.

• The Chief Data Officer (CDO) is responsible for overseeing the organization's data management strategy.
• I heard that the CDO is the one in charge of handling all the data stuff.
• The CDO is like the data guru of the company, making sure everything is in order.
• Being the CDO of the team, she was the one who kept everyone organized and on track.