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Equivalent pension benefit |
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Equivalent pension benefitThe benefit which an employer must give an employee who was contracted out of the old graduated pension scheme.Similar MatchesAnnual equivalent rateAnnual equivalent rateA figure quoted in loan advertisements to help people make compare one product with another. It indicates what the rate would be if interest was paid just once a year. Equivalent strategyEquivalent strategyAn options strategy which has the same risk-reward profile as another strategy. For example, a long May 60-65 call vertical spread is equivalent to a short May 60-65 put vertical spread. Certainty equivalentCertainty equivalentAn amount that would be accepted today (risk free) in lieu of a chance to receive a possibly higher, but uncertain, amount. Equivalent variationEquivalent variationThe amount of money that, paid to a person, group, or whole economy, would make them as well off as a specified change in the economy. Provides a monetary measure of the welfare effect of that change that is similar to, but not in general the same as, compensating variation. Coupon equivalent yieldCoupon equivalent yieldTrue interest cost expressed on the basis of a 365-day year. Further Suggestionscash and equivalentsCorporate equivalent yield Equivalent annual cost Bond equivalent basis Equivalent annual annuity Tax equivalent yield Equivalent quota Equivalent tariff Equivalent annual benefit Equivalent loan Corporate taxable equivalent Common stock equivalent Ad valorem equivalent Bond equivalent yield Tariff equivalent Certainty Equivalent Return Coupon equivalent rate Equivalent bond yield Producer subsidy equivalent |
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