Payable on Death

Payable on Death
Understanding between financial institution and customer, enabling beneficiaries to lay claim to customer’s assets on his death.

Random Finance Terms for the Letter P

  • Payable on Death
  • Payback
  • Paydown
  • Payment Date
  • Payment Float
  • Payments Netting
  • Payments Pattern
  • Payout Ratio
  • Pay-up
  • Payment-In-Kind (PIK) bond