Single-Premium Deferred Annuity

Single-Premium Deferred Annuity
It is an insurance policy bought by making a lump-sum payment, which is invested in fixed-return or variable-return instruments/portfolios. After retirement, the individual gets pension payments lifelong.

Random Finance Terms for the Letter S

  • Simple Moving Average
  • Simulation
  • Single-Index Model
  • Single-Payment Bond
  • Single-Premium Deferred Annuity
  • Sinker
  • Sinking Fund Requirement
  • Size
  • Skewed Distribution
  • Skip-Day Settlement