0
It's just what it sounds like. This would be a method of cancelling a policy and receiving the accumulated funds for a period of time instead of all at once.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
What do students Typically receive funds from a Direct Stafford Loan in payments.?
Typically, students receive funds from a Direct Stafford Loan in _____ payments.
Periodic payments for an insurance policy?
annuity
What does accumulated earnings mean?
The definition of accumulated earnings is the sum of the profits of a company after dividend payments since the inception of the company. Accumulated earnings are also called earned surplus, retained earnings, or retained capital.
What Factors Impact The Monthly Payments?
The size of loan, the size of the borrowed funds and also the APR are the most crucial factors identifying payments.
What is the periodic payments made to keep an insurance policy in effect called?
premium
How could one obtain cash for structured settlement payments?
One can obtain cash for structured settlement payments from any of the legal financing companies. Structured settlements is a periodic payments of funds. It is received as a claimant of injured party.
What do students Typically receive funds from a Direct Stafford Loan in payments.?
Typically, students receive funds from a Direct Stafford Loan in _____ payments.
Periodic payments for an insurance policy?
annuity
Define accumulated balance?
used for micro payments, similar to monthly telephone bills.
What does accumulated earnings mean?
The definition of accumulated earnings is the sum of the profits of a company after dividend payments since the inception of the company. Accumulated earnings are also called earned surplus, retained earnings, or retained capital.
What is the periodic payments made to keep an insurance policy in effect called?
premium
What Factors Impact The Monthly Payments?
The size of loan, the size of the borrowed funds and also the APR are the most crucial factors identifying payments.
How do Treasury bills and bonds work?
In this scenario, the investor receives periodic payments (annuity payments) and a lump sum when the debt instrument matures.
The Bank of the United States would hold....?
Government funds and make debt payments.
What is Economic Slavery?
It is a condition that a person finds themselves in when the totality of their wages only allows them to pay the interest payments on their accumulated debt.
Which agency apportions funds to the DoD comptroller on a periodic basis?
Office of Management and Budget
In a Structured settlement agreement the funding annuity is owned by whom?
The assignee owns the annuity. This is done to protect the "tax-free" nature of the payments, as the claimant cannot have constructive receipt of the funds. Thus, the transaction proceeds as the defendant "assignor", assigns the liability to make future periodic payments to the claimant from itself to the insurance company's assignment corporation "assignee." The Assignment corporation purchases an annuity that will fund the periodic payments for the claimant. The claimant will not own the annuity, usually s/he will still have the ability to change the beneficiary, banking information, and address of record, but it depends on the assignment documents that are signed.
