annuity scheme
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Annuity (finance theory) — The term annuity is used in finance theory to refer to any terminating stream of fixed payments over a specified period of time. This usage is most commonly seen in academic discussions of finance, usually in connection with the valuation of the… … Wikipedia
Annuity — A regular periodic payment made by an insurance company to a policyholder for a specified period of time. The New York Times Financial Glossary * * * annuity an‧nu‧i‧ty [əˈnjuːti ǁ əˈnuː ] noun annuities PLURALFORM [countable] 1. INSURANCE the… … Financial and business terms
annuity — A regular periodic payment ( periodic payments) made by an insurance company to a policyholder for a specified period of time. Bloomberg Financial Dictionary An annuity is essentially a regular income for life and is usually purchased with your… … Financial and business terms
New Pension Scheme (India) — PFRDA Logo with original colours Contents 1 Regulator 2 Coverage Eligibility … Wikipedia
Lifetime Payout Annuity — A type of insurance product that pays out a portion of the underlying portfolio of assets over the life of the investor. A lifetime payout annuity can provide fixed or variable payments. In a fixed payout scheme, the investor receives a fixed… … Investment dictionary
Personal pension scheme — A Personal Pension Scheme (PPS), sometimes called a Personal Pension Plan (PPP), is a UK tax privileged individual investment vehicle, with the primary purpose of building a capital sum to provide retirement benefits, although it may also be used … Wikipedia
defined contribution scheme — (DC scheme) Also known as a money purchase scheme. A pension scheme where the benefits payable to an individual member are calculated by reference to contributions paid in to the scheme in respect of that member increased by the investment return … Law dictionary
DC scheme — defined contribution scheme (DC scheme) Also known as a money purchase scheme. A pension scheme where the benefits payable to an individual member are calculated by reference to contributions paid in to the scheme in respect of that member… … Law dictionary
money purchase scheme — Also known as a defined contribution scheme. A pension scheme where the benefits payable to an individual member are calculated by reference to contributions paid in to the scheme in respect of that member increased by the investment return… … Law dictionary
money-purchase scheme — Also known as a defined contribution scheme. A pension scheme where the benefits payable to an individual member are calculated by reference to contributions paid in to the scheme in respect of that member increased by the investment return… … Law dictionary
Retirement annuity plan — A Retirement Annuity Plan (RAP) is a UK pension plan designed to build a lump sum for retirement. Part of the lump sum must be used to buy an annuity and part can be taken a tax free lump sum. The plans were introduced under section 226 of the… … Wikipedia