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Land contract |
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Land contractA method of real estate financing; a mortgage-holding seller finances a buyer by taking a down payment and subsequent payments in installments, but holds the title until the mortgage is fully repaid.Land contract Similar MatchesFutures contract multipleFutures contract multipleA constant set by an exchange, which when multiplied by the futures price gives the dollar value of a stock index futures contract. Contracting outContracting outA term which refers to contracting out of S2P (State Second Pension).A person can contract out by joining an employer's pension scheme which itself is contracted out or through an appropriate personal pension plan. The result of making this choice is that the person's S2P pension will be reduced at retirement but there will now be the proceeds from the alternative pension plan selected. Guaranteed investment contract (GIC)Guaranteed investment contract (GIC)A pure investment product in which a life company agrees, for a single premium, to pay at a maturity date the principal amount of a predetermined annual crediting (interest) rate over the life of the investment. Futures contractFutures contractA legally binding agreement to buy or sell a commodity or financial instrument in a designated future month at a price agreed upon today by the buyer and seller. Futures contracts are standardized according to the quality, quantity, and delivery time and location for each commodity. A futures contract differs from an option because an option is the right to buy or sell, while a futures contract is the promise to actually make a transaction. A future is part of a class of securities called derivatives, so named because such securities derive their value from the worth of an underlying investment. Contract of insuranceContract of insuranceA contract between an insurer and the insured. The insurer agrees to pay money to the insured upon the occasion of given events in return for a single premium or regular premiums. Further SuggestionsCommodity futures contractContract contract note Open contracts Foreign currency forward contract Forward forward contract Options contract Contracted out money purchase scheme Set of contracts perspective Long term forward contracts Take or pay contract Contractual Claim Forward foreign exchange contract Contract month Cost plus contract Contract curve Cash settlement contracts retirement annuity contract (RAC) futures contract Installment Contract Contractual plan Currency futures contract Unilateral Contract Conditional Sales Contract Contractual Intermediary |
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