Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: payroll, business, financial advisor, inventory, investment, tax advisor, stock trading, credit,
Definition of Annuity factor
Present value of $1 paid for each of t periods.
Present value of an annuity of $1 per period.
the present value of a finite stream of cash flows for every beginning $1 of cash flow.
The pool factor implied by the scheduled amortization assuming no prepayemts.
A regular periodic payment made by an insurance company to a policyholder for a specified period
A series of payments or deposits of equal size spaced evenly over
A series of payments over a period of time. The payments are usually
Equally spaced level stream of cash flows.
A contract which provides an income for a specified period of time, such as a certain number of years or for life. An annuity is like a life insurance policy in reverse. The purchaser gives the life insurance company a lump sum of money and the life insurance company pays the purchaser a regular income, usually monthly.
Periodic payments made to an individual under the terms of the policy.
An annuity with n payments, wherein the first payment is made at time t = 0 and the last
annuity where the payments are to be made at the beginning of
a series of equal cash flows being received or paid at the beginning of a period
Level stream of cash flows starting immediately.
An annuity with a first payment on full period hence, rather than immediately.
The time between each payment under an annuity.
This term refers to the simultaneous issue of a life annuity with a non-guaranteed period and a guaranteed life insurance policy [usually whole life or term to 100]. The face value of the life insurance would be the same amount that was used to purchase the annuity. This combination of life annuity providing the highest payout of all types of annuities, along with a guaranteed life insurance policy allowed an uninsurable person to convert his/her RRSP into the best choice of annuity and guarantee that upon his/her death, the full value of the annuity would be paid tax free through the life insurance policy to his family members. However, in the early 1990's, the Federal tax authorities put a stop to the issuing of standard life rates to rated or uninsurable applicants. Insuring a life annuity in this manner is still an excellent way to provide guaranteed tax free funds to family members but the application for the annuity and the application for the life insurance are separate transactions and today, most likely conducted through two different insurance companies so that there is no suspicion of preferential treatment given to the life insurance application.
Rules set by the Chicago Board of Trade for determining the invoice price of each
critical success factors (CSF)
any item (such as quality, customer
An annuity providing for income payments to commence at a specified future time.
Deferred nominal life annuity
A monthly fixed-dollar payment beginning at retirement age. It is nominal
Present value of $1 received at a stated future date.
Present value of a $1 future payment.
Equivalent annual annuity
The equivalent amount per year for some number of years that has a present
A financial institution that buys a firm's accounts receivables and collects the debt.
An agent who buys and sells goods on behalf of others for a commission.
A statistical procedure that seeks to explain a certain phenomenon, such as the return on a
A way of decomposing the factors that influence a security's rate of return into common and
Factor of Production
A resource used to produce a good or service. The main macroeconomic factors of production are capital and labor.
A well-diversified portfolio constructed to have a beta of 1.0 on one factor and a beta of
Sale of a firm's accounts receivable to a financial institution known as a factor.
The sale of accounts receivable to a third party, with the third party bearing
The discounting, or sale at a discount, of receivables on a nonrecourse, notification
Type of financial service whereby a firm sells or transfers title to its accounts receivable to a factoring company, which then acts as principal, not as agent.
All the costs incurred during the manufacturing process, minus the
Guaranteed Interest Annuity (GIA)
Interest bearing investment with fixed rate and term.
Individual Retirement Annuity
An IRA comprised of an annuity that is managed
Numbers found in compound interest and annuity tables. Usually called the FVIF or PVIF.
The production resource that, as a result of scarce resources, limits the production of goods
factoring arrangement that provides collection and insurance of accounts receivable.
A version of the capital asset pricing model derived by Merton that includes extramarket
Net benefit to leverage factor
A linear approximation of a factor, T*, that enables one to operationalize the
Normal annuity form
The manner in which retirement benefits are paid out.
factoring arrangement that provides collection, insurance, and finance for accounts receivable.
A special case of the arbitrage pricing theory that is derived from the one-factor model by
An annuity where the payments are made at the end of each
a series of equal cash flows being received
The outstanding principal balance divided by the original principal balance with the result
PPF (periodic perpetuity factor)
a generalization formula invented by Abrams that is the present value of regular but noncontiguous cash flows that have constant growth to perpetuity.
Present value factor
factor used to calculate an estimate of the present value of an amount to be received in
RAMs (Reverse-annuity mortgages)
Mortgages in which the bank makes a loan for an amount equal to a
The pool factor as reported by the bond buyer for a given amortization period.
An anticipated loss percentage included in the bill of material and
The expected loss of some proportion of an item during the
Single factor model
A model of security returns that acknowledges only one common factor.
Single-premium deferred annuity
An insurance policy bought by the sponsor of a pension plan for a single
Black's zero-beta version of the capital asset pricing model.
A form of annuity policy under which the amount of each benefit is not guaranteed or specified. The amounts fluctuate according to the earnings of a separate investment account.
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.