Fixed-annuities

Posted in Finance, Accounting and Economics Terms, Total Reads: 810
Advertisements

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.

 

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

Search & Explore : Management Dictionary



Share this Page on:

Similar Definitions from same Category: