Posted in Finance, Accounting and Economics Terms, Total Reads: 727

Definition: Fixed-annuities

Annuities refer to a stream of payment made at regular intervals over a given period of time. Fixed annuities, thus imply that these payments are of fixed amount.

This is a result of fixed interest rate over the maturity period rather than a floating interest rate with which the payments would vary. Fixed annuities are more popular among the retired population who seek stability and fixed cash inflows.


Search & Explore : Management Dictionary

Browse the definition and meaning of more terms similar to Fixed-annuities. The Management Dictionary covers over 7000 business concepts from 6 categories.

Share this Page on:

Similar Definitions from same Category: