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Deferred call |
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Deferred callA provision that prohibits the company from calling the bond before a certain date. During this period the bond is said to be call protected.Deferred call Similar MatchesChild deferred endowmentChild deferred endowmentAn endowment assurance, on the life of a child, which can be taken as cash at maturity or converted to a full endowment or whole life assurance. Deferred payment annuityDeferred payment annuityAn annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age. Contingent deferred sales charge (CDSC)Contingent deferred sales charge (CDSC)The formal name for the load of a back-end load fund. Deferred compensationDeferred compensationAn amount that has been earned but is not actually paid until a later date, typically through a payment plan, pension, or stock option plan. Deferred state pensionDeferred state pensionWhen reaching retirement age, a person can elect to defer payment of his/her state pension. The result of this is to increase the value of the pension by one seventh of one percent for every week deferred. The maximum deferment period is five years and no further contributions are required. Further SuggestionsPeriodic purchase deferred contractDeferred charge deferred income Deferred equity Deferred interest mortgage Tax deferred retirement plans Deferred interest bond Tax deferred income Single Premium Deferred Annuity (SPDA) Deferred account Deferred nominal life Annuity |
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