Income bond

 

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Income bond

A bond which provides income over its life and at maturity the original investment is returned. See: 'guaranteed income bond'.

Income bond

A bond whose payment of interest is contingent on sufficient earnings. These bonds are commonly used during the reorganization of a failed or failing business.



Income bond

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Family income benefit (family income assurance)

Family income benefit (family income assurance)

A type of term assurance in which, following the death of the life assured, instalments, rather than a lump sum, are paid to the beneficiary for the remainder of the policy term. If the life assured lives to the end of the term, no benefit is payable.


Income multipliers or multiples

Income multipliers or multiples

The size of the mortgage that lenders offer, will often be worked out by multiplying your income each year by a set percentage.


Invisible income

Invisible income

Foreign income from sources other than the movement of goods. It includes a country's earnings from tourism, banking, shipping, insurance and investment.


Income property

Income property

Real estate purchased for the reasons of income generation.


Growth and income fund

Growth and income fund

A mutual fund that invests primarily in stocks with a history of capital gains (growth) and consistent dividend payments (income).


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Income elastic
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Fixed income securities
High withholding tax interest income
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Net income per share of common stock
growth and income fund
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deferred income
income pure endowment
income dividend
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income stock
fixed income securities


 
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