TERM CERTAIN ANNUITY
Insurance product ensuring a periodic payment of a preset amount for a specific term. Upon its maturity, the products are spent and gives no possibility of any payments in the future even if the annuitant is alive. Holders may choose to buy these products through periodic payments, or they can purchase it by lump sum payment. Normally, lump sum payments are given shortly after the annuitant’s retirement.
POPULAR TERMS
Normalized Earnings
It may refer to the following:
Earnings adjusted for cyclical ups and downs in the economy.
On the balance sheet, earn ...
Advanced Funded Pension Plan
A pension plan that is funded along with the accrued benefits of the employee. It is intended for the preparation of the retirement of the employee ...
Point-Of-Sale Terminal
An electronic-transaction terminal. It normally has a computer, cash register and other equipment used to sell goods or services.
Earnings Momentum
Term describing the corporate earnings per share (EPS) growth accelerates or decelerates from the previous fiscal quarter or year. It normally coex ...
Nonlegal Investment
A security of sub-investment quality made by a legal representative that does not follow to requirements of defined statutes. Nonlegal investments ...
POPULAR ARTICLE
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Jul | |
| 06:30 | Industrial Production | Jul | |
| 11:00 | Industrial Production | Jul | |
| 23:00 | Westpac Consumer Confidence | 3 quarter | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 03:30 | House Price Index | 2 quarter | |
| 04:00 | Fixed Asset Investment | Aug | |
| 04:00 | Industrial production | Aug | |
| 04:00 | Retail Sales | Aug |
