NPS
Market basicsNational Pension System — a low-cost retirement account allowing up to 75% equity, locked until 60.
In plain terms
Very cheap equity exposure with a rigid retirement condition and a mandatory annuity at the end.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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