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Deferred interest bond |
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Deferred 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.Deferred interest bond Similar MatchesPeriodic 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 retirement plansTax deferred retirement plansEmployer-sponsored and other plans that allow contributions and earnings to be made and accumulate tax-free until they are paid out as benefits. 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. Deferred equityDeferred equityA common term for convertible bonds, which recognizes their equity component and the expectation that the bond will ultimately be converted into shares of common stock. Deferred callDeferred 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. Further SuggestionsDeferred chargeDeferred account child deferred endowment Deferred nominal life Annuity Deferred compensation Tax deferred income Single Premium Deferred Annuity (SPDA) Contingent deferred sales charge (CDSC) Deferred interest mortgage deferred income Deferred payment annuity |
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