ANNUITY CERTAIN
A financial instrument which provides a stream of payments, for a number of years which is determined beforehand. An annuity certain will persist a stream of payments remitted to the beneficiary or estate of the annuitant, if the he/she dies prior to the end of payment term. The payments are done on a regular schedule, such as annually, semiannually, quarterly, or monthly.
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Split-Funded Annuity
Split-funded annuity is an annuity type where a portion of the principal is used as funds for immediate monthly payments. The rest of the principal ...
Eurobank
Financial institution accepting deposits in foreign currencies and making foreign currency loans. It does not necessarily have to be situated in Eu ...
Green Monday
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Macroeconomic Factor
Economic conditions or factors that influence the state of the whole economy, rather than certain individuals. Governments, businesses, and consume ...
Schedule 14D-9
Schedule 14D-9 is a schedule under the Securities and Exchange Commission filed by an interested party that may be an issuer, or a beneficiary of s ...
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