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What is a payment on a loan is divided into equal payments over a set period of time called?
installment debt
What are some annuity settlement options available?
With this option, the insurer pays annuity income benefits for a specified period of time (e.g., 10 or 20 years). The stated period over which the insurer will make the benefit payments is called the period certain. Even if the annuitant dies during this period, it will not affect the income benefit payments. When the period certain ends, so do the payments.
Paying for an item over a period of time with series of small payments?
Installment buying
What is a flexible variable annuity?
Annuity is the period of time allocating to make payments. The payments can be made at the begining or at the at of the period of time.
What is meant by amortisation?
Paying for something really expensive with many small payments over a period of time.
What is a payment on a loan is divided into equal payments over a set period of time called?
installment debt
What are some annuity settlement options available?
With this option, the insurer pays annuity income benefits for a specified period of time (e.g., 10 or 20 years). The stated period over which the insurer will make the benefit payments is called the period certain. Even if the annuitant dies during this period, it will not affect the income benefit payments. When the period certain ends, so do the payments.
The part of the balance of payments account that lists all long-term flows of payments is called?
Balance of payments is a method that is used to monitor international monetary transactions over a specific period of time. The long term flows of payments is part of the current account.
What is a series of equal payments to be received at the beginning of each period for a finite period of time called?
Annuity due.
Paying for an item over a period of time with series of small payments?
Installment buying
Installment buying definition?
Purchasing a commodity over a period of time. The buyer gains the use of the commodity immediately and then pays for it in periodic payments called installments.
What is force called over a period of time called?
Force applied over a period of time has the dimensions of momentum, and is referred to as "impulse".
What is a flexible variable annuity?
Annuity is the period of time allocating to make payments. The payments can be made at the begining or at the at of the period of time.
What is meant by amortisation?
Paying for something really expensive with many small payments over a period of time.
What is it called when you pay for an item over time with a series of small payments?
This payment method is commonly referred to as "installment payments" or "installment plans." In this arrangement, the total cost of an item is divided into smaller, manageable payments made over a specified period. It allows consumers to acquire goods without paying the full amount upfront.
What is the increase of velocity over a period of time is?
Increase of velocity over a period of time is called acceleration.
What is a series of fixed payments?
A series of fixed payments refers to recurring amounts that are consistent and unchanging over a specified period of time. These payments can be made as part of a contract, loan agreement, or investment arrangement.
