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Term Life Insurance
An insurance policy in effect for a specific period of time (the term) that pays a predetermined amount of money to a beneficiary in the event that the insured dies while the policy is inforce. There are several variations of term insurance.

Title
A legal document designating ownership of an asset.

Title Search
A check of the title records to ensure that the seller or current owner is the legal owner of the property and to ascertain the states of other liens or claims outstanding.

Traditional IRA
A retirement account to which you can contribute up to $3,000 per year (or 100% of your compensation, whichever is less) in 2002 through 2004. The limit increases to $4,000 per year in 2005 through 2007, and to $5,000 in 2008 and beyond. Individuals aged 50 and older may also be eligible to make a $500 catch-up contribution for 2002 through 2005 and $1,000 more each year thereafter. IRAs give your money the potential to grow tax deferred and, depending on your personal circumstances, contributions may be tax deductible (withdrawals prior to age 59 1/2 may be assessed a 10% IRS penalty). Withdrawals from IRAs are taxed at then-current rates.

Treasury Bills
Short-term debt securities issued by the U.S. Treasury, "T-bills" typically sell at less than par (face) value and mature within one year. The interest an investor earns is the difference between the buying price and the amount paid at maturity.