Periodic Payments, Retirement Accounts, Annuities, and Trusts The full amount of periodic payments from annuities, insurance policies, retirement funds, pensions and disability or death benefits is included in income.
Periodic payments made to an individual under the terms of the policy. Related Terms: ADF (annuity discount factor) ...
Periodic payments A series of payments from an annuity, qualified retirement plan, or 403(b)(7) account made over a certain term of years. A payment from an IRA, even if over a period of years, is not considered a periodic payment for tax purposes.
Periodic payments to a supplier, contractor, or subcontractor for work as it is completed as desired, in order to reduce working capital requirements. Progress review ...
the periodic payments, generally principal and interest, made on a loan. See also annual debt service Related Terms: ...
ALIMONY - Periodic payments made under a divorce decree or a written separation agreement toward the su... ALJ - administrative law judge ALL - The ISO 4217 currency code for Albanian Lek.
A series of periodic payments payable for either a defined period or based on either a single life or a joint life expectancy or both.
You are receiving periodic payments for life. Your share of the partnership capital has been fully repaid. The partnership owes you nothing but the retirement payments. You performed no services for the partnership this year.
As an example, 12 periodic payments of $1000 growing at 6% per period will be worth approximately $18,000 after the last period. This can be calculated by multiplying the $12,000 of payments by 1.5.
A series of regular periodic payments comprising principal and interest. An annuity is a contract providing for a series of payments.
A mortgage in which periodic payments have been made, for a relatively long period of time, and the borrower's pattern of punctuality is well-established. Term Mortgage ...
[ITDS] The payment of the principal amount of an issue by a series of periodic payments either directly to bondholders or to a sinking fund and thence to bondholders.
term loan A loan that is repaid through regular periodic payments. The most common repayment term is ten years. term repo A short period loan with a term of more than one day.
Subscription revenues Revenues paid by subscribers fixed periodic payments, stable compared with those that depend on the consumption of services.... Subsidiary A company owned or controlled by another.
Annuity Contract issued by a life insurance company, which promises to make periodic payments to the buyer over a set period of time. Payments are made to individuals, referred to as annuitants.
In general, a lease is a contract in respect of real or personal property, under which the owner of the property grants to another the right to possess, use and enjoy the property for a specified period of time in exchange for periodic payments.
A method used in computing the periodic payments that a company must make to fund its employee pension benefits.
AMORTIZATION: The process of paying off a debt liability and accrued interest through a series of equal, periodic payments. Car loans and mortgages are two debts commonly paid off through amortization.
Annuity: A contract that guarantees the purchaser (the annuitant) a series of periodic payments comprising of principal and interest sometime in the future.
To compute the present value of a fixed-income security, the discount rate R should be the current discount rate, but the periodic payments and final payment should stay fixed at the original values.
A contract promising periodic payments while the recipient is alive. A life annuity may have a guarantee period with payments that continue to your heirs should you die before the end of the period.
An amortization schedule that has periodic payments inconsistent with the maturity date of the debt.
The gradual reduction of a debt by means of equal periodic payments sufficient to meet current interest and liquidate the debt at maturity.
A swap is engineered between counterparties who agree to make periodic payments or adjusts to one another. Swaps cover interest rate, equity, commodity and currency products.
this means that if you a partner, you partner will continue to receive periodic payments once you have died. There are two types of fixed term annuity that you can opt for.
A life annuity provides the purchaser with regular periodic payments (weekly, monthly, etc.), usually for the rest of their life.
An investment that provides a return in the form of fixed periodic payments and eventual return of principle at maturity.
A contract that provides periodic payments based on life or joint life expectancies and/or a period certain (i.e., life and 10 years certain).
Negative Amortization Repayment schedule calling for periodic payments that are insufficient to fully amortize the loan. Earned but unpaid interest is added to the principal, increasing the debt.
For example, a swap contract calls for periodic payments to be made between two parties. The swap settles each time a payment is made. Margin is paid on futures contracts every trading day. Accordingly, futures settle daily.
A life annuity that provides the purchaser with regular periodic payments, usually for the rest of their life and where payments are started no earlier than one year after its purchase. Learn about compensation planning tools << Deferred Incentives ...
Amortize - To reduce a debt by means of regular periodic payments which include amounts applicable to both principal and interest. APR - Annual percentage rate. On some mortgages the APR is higher than your actual mortgage rate.
Annuity An arrangement under which periodic payments are made to a person in return for the investment of a lump sum, usually for the purpose of providing retirement income. (See also Allocated Pension, Deferred Annuity).
A sinking fund debenture is one whereby repayment is secured by periodic payments by the corporation into a sinking fund, ...
Annuity A benefit that is payable in the form of periodic payments. Defined Benefit programs pay retirement benefits in the form of a monthly annuity. An annuity is usually a fixed amount (where payments are always the same amount).
Amortization - The gradual reduction of a debt by periodic payments large enough to meet the current interest payments and to repay the principal at maturity. Analysis - Breaking a problem into its parts to examine it.
The loan amortization sets the amount of periodic payments required to pay off a debt obligation. Each payment in the schedule is used to pay interest on the loan and reduce its principal.
Progress payments Definition: [crh] Periodic payments to a supplier, contractor, or subcontractor for work as it is completed as desired, in order to reduce working capital requirements.
An account established to receive periodic payments on a debt or obligation and make disbursements from the account as requested by the payee. ACCOUNT PAYABLE See ACCOUNTS PAYABLE.
A type of creative financing in which a down payment is made and periodic payments are made at intervals to pay off the balance. The purchaser may use, occupy and enjoy the land but no deed is given by the seller until the total price is paid off.
Self-Amortizing Mortgage. A mortgage where the periodic payments of interest and principal will automatically retire the debt at maturity. Contrast with an interest-only or balloon loan where there will be remaining principal at maturity.
This type of loan is not designed to be repaid in full through periodic payments at the end of the loan term. When the term ends, a balloon payments is due. This means that one larger payment is made to pay off the remaining principal.
A payment plan that enables the borrower to reduce debt gradually through periodic payments of principal and interest. Amortized loan A loan to be repaid, interest and principal, by a series of regular payments that are equal or nearly equal.
Because zero coupon securities do not make interest payment, they are considered more volatile than bonds making periodic payments. When interest rates rise, zeros fall more sharply than interest paying bonds.
3: Amortization also applies to debt reduction through periodic payments of principal and interest sufficient to pay off a loan by maturity. See: Accretion; Depreciation; Intangible Assets ...
Amortization: A reduction in a debt or fund by periodic payments covering interest and part of the principal. In municipal bonds, amortization refers to adjusting the cost of a bond for any premium paid.
amount of some or all of the consumer's periodic payments to repay the indebtness. [C] California Economic Development Lending Initiative - CEDLI: ...
A means of repaying funds advanced through a bond issue. The issuer makes periodic payments to the trustee, who retires part of the issue by purchasing the bonds in the open market. Soft Dollars: ...
Annuity - An agreement by an insurer to make periodic payments that continue during the survival of the annuitant(s) or for a specified period.
The arrangement that the fund provides whereby shareholders can receive periodic payments in a specified amount. These amounts may be more or less than the income of the fund. Redemption fee ...
AMORTIZATION - The process of paying the principal amount of an issue of securities by periodic payments either directly to holders of the securities or to a sinking fund for the benefit of security holders.
A contract with an insurance company in which the individual makes either lump-sum or periodic payments to the insurance company and in return receives a lifetime income (usually guaranteed). AON See All or None.
A loan repayment schedule whereby the outstanding principal balance increases, rather than being amortized, because the scheduled periodic payments do not cover the full amount required to amortize the loan.
Insurance: Protection from certain losses in the future in exchange for periodic payments (see insurance premium.) You can buy insurance that will pay you (or someone you name) specific amounts in case of death, injury, accident, or other damage.
FACE AMOUNT CERTIFICATE " A type of investment company where an investor makes periodic payments and at the end of a specified time period, the company pays the investor the face amount of the plan.
Level debt service means that redemption is carried out by equal periodic payments of interest and capital over the term of the loan, while the redemption share increases annually in the amount of the interest saved.
Annuity Benefits - The guaranteed periodic payments paid to the annuitant during the annuity payout period.
Interest rate swap A binding agreement between to exchange periodic payments on some predetermined dollar principal, which is called the .
ANNUITY CONTRACT:  A legally enforceable written agreement under which an insurer promises to make a series of periodic payments to a named person, starting on a specified date, ...
An annuity is an arrangement whereby the client transfers property to another in return for the other's promise to make periodic payments to the client in fixed amounts for the rest of the Client's life.
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