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Periodic rate |
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Periodic rateThe monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month.Periodic rate Similar MatchesPeriodic call auctionPeriodic call auctionSelling stocks by bid at intervals throughout the day. Periodic payment planPeriodic payment planAccumulation of capital in a mutual fund by making regular payments on a monthly or quarterly basis. Periodic paymentsPeriodic paymentsA series of payments from an annuity, qualified retirement plan, or 403(b)(7) account made over a certain term of years. A payment from an IRA, even if over a period of years, is not considered a periodic payment for tax purposes. Periodic purchase deferred contractPeriodic purchase deferred contractA fixed or variable annuity contract for which fixed-amount premiums are paid either monthly or quarterly, and that does not begin paying out until a time elected by the annuitant. Periodic payment planPeriodic payment planA plan to build up capital in a fund by regular investments, typically on a monthly or quarterly basis. |
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