Annual bonus


 

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Annual bonus

A 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 bonus

See 'reversionary bonus'.



Similar Matches

Annual renewable term insurance

Annual renewable term insurance

See: Term insurance.


Annual percentage rate

Annual percentage rate

Where 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 exemption

Annual exemption

Each 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 statement

Annual mortgagor statement

A 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 Suggestions

Compound Annual Growth Rate
Annualized 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


 
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