Meaning PERIODIC PURCHASE DEFERRED CONTRACT: A fixed or variable annuity contract for which fixed-amount premiums are paid either monthly or quarterly, and that does not begin paying out until a time elected by the annuitant
More terms such as Periodic purchase deferred contract in Dictionary P.
- Definition Portability:
- Examples The character of benefits that may be carried from a previous job to the next periodic purchase deferred contract definition.
- Definition PSA Prepayment Rate:
- Examples Trade Association's Mortgaged Asset-Backed Securities Division's prepayment model based on an assumed rate of prepayment each month of the then unpaid principal balance of a pool of periodic purchase deferred contract explain.
- Definition Prime Rate Fund:
- Examples A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders periodic purchase deferred contract what is.
- Definition Probability Density Function:
- Examples The function that describes the change of certain realizations for a continuous random variable periodic purchase deferred contract meaning.
- Definition Precious Metals:
- Examples platinum, and palladium, which are used for their intrinsic value or for their value in production. These may be traded either in their physical state or by way of futures and options contracts periodic purchase deferred contract abbreviation.
