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Period certain annuity |
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Period certain annuityAn annuity that provides guaranteed payments to an annuitant for a specified period of time.Period certain annuity Similar MatchesAnnuity certainAnnuity certainSee 'annuity'. Endogenous uncertaintyEndogenous uncertaintyDescribes factors within the control of the firm, such as a decision to reveal information about price or input costs. Converse of exogenous. CertaintyCertaintyPrecise knowledge of an economic variable, as opposed to belief that it could take on multiple values. Contrasts with uncertainty. One aspect of complete information. Certainty Equivalent ReturnCertainty Equivalent ReturnThe 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%. Price uncertaintyPrice uncertaintyChance that the future price of an asset will change. Further SuggestionsUncertaintyInflation uncertainty Annuity certain Certainty equivalent |
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