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6 Results for Tag: periodic

Years Certain Annuity

Years Certain Annuity What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A years certain annuity is similar to othe

Immediate Payment Annuity

Immediate Payment Annuity What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a single lump-sum payment and in exchange, pays

Annuity

AnnuityAn annuity can be best defined as a financial product which is exclusively designed and offered by insurance companies to help individuals grow funds. In other words, it is developed

Call Auction

Call Auction What is 'Call Auction' Where participants buy or sell units of a good. At a call auction, participants place orders to buy or sell units at certain buying or selling prices. O

Variable Rate Demand Note (VRDN)

Variable Rate Demand Note (VRDN) What is 'Variable Rate Demand Note - VRDN' A debt instrument that represents borrowed funds that are payable on demand and accrue interest based on a preva

Last In, First Out (LIFO)

Last In, First Out (LIFO) What is 'Last In, First Out - LIFO' Last in, first out (LIFO) is an asset management and valuation method that assumes assets produced or acquired last are the on