DELAYED ANNUITY
It is an annuity wherein the payment will be paid at a later date in the future. It is similar to the regular annuity that consists of a stream cash flows that is provided by some annuity holders. However, cash payments do not begin to flow immediately, instead following a predetermined future schedule. If Steve was to receive five yearly payments of $100 at the end of each year starting this year, then this payout would be considered an ordinary annuity.
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Foam The Runway
A term indicating the last-minute infusion of cash into a company about to go bankrupt. Airports foam runways prior to an imminent crash landing to ...
Soft Commodity
Soft commodities are commodities that are, in general, grown and not mined. Examples of soft commodity include fruit, cocoa, sugar, and coffee. ...
Blanket Insurance
Liability insurance which covers more than one property within the same location, same property at different locations, or multiple properties at m ...
American Taxpayer Relief Act of 2012
Act averting the tax aspect of the fiscal cliff by preventing several tax breaks from maturing as scheduled. It also ...
Present Value Of An Annuity
It refers to the discount amount of a dividend payment over the stock or bond’s term.
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An Introduction to the Basics of Economics
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Jun | |
| 07:00 | Leading Indicators | May | |
| 08:00 | Industrial Production | May | |
| 09:00 | Foreign Currency Reserves | Jun | |
| 10:30 | Sentix Investor Confidence | Jul | |
| 11:00 | Retail Sales | May | |
| 01:50 | Bank Lending | Jun | |
| 01:50 | Current Account | May | |
| 03:30 | NAB Business Confidence | Jun |
