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Variable annuity |
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Variable annuitySee: 'annuity'.Similar MatchesInvestment Company with Variable CapitalInvestment Company with Variable CapitalAn 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 variableNormal random variableA random variable that has a normal probability distribution. Variable interest rateVariable interest rateInterest 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 mortgagesVariable rate mortgagesAs 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 variableEndogenous variableAn 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 SuggestionsVariable costVariable 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 |
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