|
Annual bonus |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Annual bonusA bonus paid annually on an endowment mortgage which is dependent on the performance of the investment fund you are using to repay your mortgage.Annual bonusSee 'reversionary bonus'.Similar MatchesAnnual renewable term insuranceAnnual renewable term insuranceSee: Term insurance. Annual percentage rateAnnual percentage rateWhere interest on loans is expressed as other than a yearly rate, for example 1.5% per month, APR is the equivalent rate over a year, in this case 19.56%.The Consumer Credit Act 1974 requires companies that advertise loans or credit cards to state what the APR rate is. This enables would be borrowers to compare rates and to see the true rate of interest repayment they would incur over the full year. Annual exemptionAnnual exemptionEach taxpaying individual in the UK is entitled to an annual exemption of £7,900 on capital gains for the current tax year. This means that they can make this level of gains (on for instance share sales) without paying capital gains tax.For exemptions relating to inheritance tax, see 'inheritance tax'. Annual mortgagor statementAnnual mortgagor statementA yearly statement to borrowers that details the remaining principal and amounts paid for taxes and interest. Bonds Enabling Annual Retirement Savings (BEARS)Bonds Enabling Annual Retirement Savings (BEARS)Holders of BEARS receive the face value of bonds underlying call option, which are exercised by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEARS holders receive the total of the exercise price. Further SuggestionsCompound Annual Growth RateAnnualized holding period return annual return Annual exclusion compound annual growth rate Annual percentage rate (APR) Annual Percentage Rate Equivalent annual benefit annual general meeting Nominal annual rate Annualizing Annual Percentage Rate (apr) Equivalent annual cost annual report annual equivalent rate Effective annual interest rate Equivalent annual annuity Annual rate of return Annualized gain Annualised payment scheme Annual basis Compound Annual Return Effective annual yield Stated annual interest rate Annual effective yield |
|
|
|