Period certain annuity


 

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Period certain annuity

An annuity that provides guaranteed payments to an annuitant for a specified period of time.



Period certain annuity

Similar Matches

Price uncertainty

Price uncertainty

Chance that the future price of an asset will change.


Certainty Equivalent Return

Certainty Equivalent Return

The certain (zero risk) return an investor would trade for a given (larger) return with an associated risk. For example, a particular investor might trade an uncertain expected 4% active return with 6% risk, for a certain active return of 1.5%.


Annuity certain

Annuity certain

See 'annuity'.


Uncertainty

Uncertainty

Failure to know anything that may be relevant for an economic decision, such as future variables, details of a technology, or sales. In models, uncertainty usually appears as a random variable and corresponding probability density function. But in practice, most international models, especially of trade, assume certainty.


Endogenous uncertainty

Endogenous uncertainty

Describes factors within the control of the firm, such as a decision to reveal information about price or input costs. Converse of exogenous.


Further Suggestions

Certainty
Annuity certain
Certainty equivalent
Inflation uncertainty


 
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