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Deferred charge |
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Deferred chargeAn expenditure treated as an asset that carries forward until it becomes pertinent to the business at hand, e.g., advance rent payment.Deferred charge Similar MatchesDeferred incomeDeferred incomeAlso known as income drawdown and flexible pension. See 'personal pension plan'. Deferred interest bondDeferred interest bondA bond that pays interest at a later date, usually in one lump sum, effectively reinvesting interest earned over the life of the bond. See: Zero coupon bond. Periodic purchase deferred contractPeriodic purchase deferred contractA fixed or variable annuity contract for which fixed-amount premiums are paid either monthly or quarterly, and that does not begin paying out until a time elected by the annuitant. Tax deferred incomeTax deferred incomeDividends, interest, and unrealized capital gains on investments in an account such as a qualified retirement plan, where income is not subject to taxation until a withdrawal is made. 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 SuggestionsDeferred interest mortgageDeferred nominal life Annuity Deferred call Deferred compensation Contingent deferred sales charge (CDSC) Single Premium Deferred Annuity (SPDA) Deferred account Tax deferred retirement plans Deferred equity Deferred payment annuity child deferred endowment |
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