Meaning NORMAL RETIREMENT: The age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately
More terms such as Normal retirement in Dictionary N.
- Definition Noncompetitive Bid:
- Examples In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted competitive bids normal retirement definition.
- Definition National Securities Clearing Corporation (NSCC):
- Examples A clearing corporation that facilitates the settlement of accounts among brokerage firms, exchanges, and other clearing corporations normal retirement explain.
- Definition Nearest Month:
- Examples The expiration date of an option or future that is closest to the present normal retirement what is.
- Definition Net Position:
- Examples position subtracting the initial cost of setting up the position. For example, if 100 options where purchased for $1 each and the option is currently trading for $9, the value of the net position is normal retirement meaning.
- Definition Notional Principal Amount:
- Examples In an interest rate swap, the predetermined dollar principal on which the exchanged interest payments are based normal retirement abbreviation.
