Variable annuity


 

Home
Site Map
Add Term
Search
About Us
Contributors

Variable annuity

See: 'annuity'.



Similar Matches

Investment Company with Variable Capital

Investment Company with Variable Capital

An open-ended collective investment vehicle, similar to a unit trust. As with unit trusts, the money invested by savers is pooled, and then invested in the markets by professional fund managers appointed by the ICVC. The advantage to savers is that by putting their savings together with savings of other individuals, they get the benefits of diversification, and also of professional fund management. The difference between an ICVC and a unit trust is that an ICVC is a company rather than a trust. If you put savings into it, you have shares, not units. Also, an ICVC has just one price, whether you are buying or selling shares in it, with charges shown separately.


Normal random variable

Normal random variable

A random variable that has a normal probability distribution.


Variable interest rate

Variable interest rate

Interest rates offered by banks and financial institutions on loans or deposits which are liable to change according to circumstances. For example a movement in the interest rate set by the government would usually be an influence.


Variable rate mortgages

Variable rate mortgages

As you would expect from the name, variable mortgage rates go up and down and generally don't stay at the same level for too long. This is because the interest rate and subsequent level of repayment varies with the lender's interest rate. This is usually derived from Bank of England base rate or some other index. One such index is the banks' base rate - an average of the rates of several leading lenders.


Endogenous variable

Endogenous variable

An economic variable that is determined within a model. It is therefore not subject to direct manipulation by the modeler, since that would override the model. In trade models, the quantity of trade itself is almost always endogenous. Contrasts with exogenous variable.


Further Suggestions

Variable cost
Variable Plan
Key Process Variable
Exogenous variable
Variable annuities
Variable rate loan
Variable levy
Variable costs
Random variable
Random variable
Variable rate
Variable rate CDs
Strategic variable
Endogenous variable
Variable cost
Exogenous variable
variable life insurance
variable rate mortgage
Variable price security
Variable interest rate
Continuous random variable
Dependent variable
Meff Renta Variable
Variable
Discrete random variable


 
All rights Reserved. Do not copy without permission. T4 Innovations Ltd