* Finance: An easy acronym suitable for identifying NON-EXEMPT SECURITIES, that can be used during the Uniform Securities Examination, Series 63 Exams.
*How it works: You the acronym "C4. R. E. F.T.I." or simply "Crefti" each time one is asked figure out which security will be exempt from state registration. The definition of CREFTI is for non-exempt securities. ANY SECURITY ON THIS LIST MUST BE REGISTERED AT THE STATE LEVEL.
Non-Exempt securities (MUST register):
*C- Currency
*C- Condos
*C- Collectibles
*C- Commodity Futures
*R- Residence
*E- Endowments
*F- Fixed Annuities
*T-Traditional (Whole ) Insurance
*I -IRA or Keogh plans
(Hint: any security not on this list IS either an exempt or Federal Covered security, thus need not register at the State level)
*How it works: You the acronym "C4. R. E. F.T.I." or simply "Crefti" each time one is asked figure out which security will be exempt from state registration. The definition of CREFTI is for non-exempt securities. ANY SECURITY ON THIS LIST MUST BE REGISTERED AT THE STATE LEVEL.
Non-Exempt securities (MUST register):
*C- Currency
*C- Condos
*C- Collectibles
*C- Commodity Futures
*R- Residence
*E- Endowments
*F- Fixed Annuities
*T-Traditional (Whole ) Insurance
*I -IRA or Keogh plans
(Hint: any security not on this list IS either an exempt or Federal Covered security, thus need not register at the State level)
Example:" According to the provisions given under NSMIA and the Uniform Securities Act, which of the following securities my be registered with the State Administrator....(long list of securities provided)
Answer: Use CREFTI --anything NOT on this list is exempt from registration! (Bingo!)
Answer: Use CREFTI --anything NOT on this list is exempt from registration! (Bingo!)
by Peter Afari August 14, 2009
Get the CREFTI mug.Also known as "Creative Reach Algrorithmic Paradigm", or "CRAP", it is the process of an artist progressively moving further away from their artwork. The concept was coined by Australian YouTuber Draw With Jazza
"I started using the Creative Reach Artistic Paradigm strategy to imorove my art skills, and it's really working."
"In order to successfully achieve the Creative Reach Artistic Paradigm, one should use a pole with a sharpie on the end of it"
"The CRAP is crap"
"In order to successfully achieve the Creative Reach Artistic Paradigm, one should use a pole with a sharpie on the end of it"
"The CRAP is crap"
by PKK War Drone July 5, 2019
Get the Creative Reach Artistic Paradigm mug.Related Words
CREFTI
• Cretin
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• creationism
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• creation
• creative financing
• cresting
by zimmygirl777 June 7, 2023
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Get the non-creation mug.The crafting table is a block from the mainstream game, Minecraft. Due to a incident in GeorgeNotFound's stream that their fans had found "interesting", it had been an on-going joke that "standing on a crafting table" means to give/receive a blowjob, or simply to have sexual intercourse.
Random person A: Hey, would you stand on a crafting table for me?
Random person B: Absolutely not, never say those words to me again.
Random person B: Absolutely not, never say those words to me again.
by ilyapads October 17, 2020
Get the Crafting Table mug.by mykoala January 13, 2017
Get the half-creative mug.a company made by flops that are going in debt which only made a few bucks from the girl group LOONA trying to save their ass
person 1: hey do you stan loona?
person 2: oh the group that’s owned by the worlds most biggest flop called blockberry creative??
person 2: oh the group that’s owned by the worlds most biggest flop called blockberry creative??
by loona4eva March 26, 2022
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