EITF Definition

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EITF see EMERGING ISSUES TASK FORCE.

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SEGREGATED FUND is a pooled investment fund, much like a mutual fund, established by an insurance company and segregated from the general capital of the company. Its chief distinction from a mutual fund is its guarantee that, regardless of fund performance, at least a minimum percentage of the investors payments into the fund will be returned when the fund matures.

BVI is an acronym for British Virgin Islands (a major offshore banking and corporation player).

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