Annuity contracts in which the insurance company or issuing financial institution pays a fixed dollar amount of money per period. The New York Times Financial Glossary

Financial and business terms. 2012.

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  • fixed annuities — contracts in which an insurance company or issuing ( issue) financial institution pays a fixed dollar amount of money per period. Bloomberg Financial Dictionary …   Financial and business terms

  • fixed annuity — UK US noun [C] (also fixed rate annuity) INSURANCE ► an annuity (= contract someone agrees with an insurance company to be paid an amount of money regularly) for which the payment amount remains the same for the period of the annuity: »At the… …   Financial and business terms

  • annuities — Contracts that guarantee income, often for an individual s lifetime, in exchange for a lump sum or periodic payment. Annuity contracts have a number of standard variants, including deferred, fixed, immediate, or variable. American Banker Glossary …   Financial and business terms

  • Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than …   Wikipedia

  • Annuity (US financial products) — In the U.S. an annuity contract is created when an individual gives a life insurance company money which may grow on a tax deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity… …   Wikipedia

  • Equity-indexed annuity — An equity index annuity in the United States is a type of tax deferred annuity whose credited interest is linked to an equity index SEE EXAMPLE HERE>> [] , and typically uses the S P 500 or international… …   Wikipedia

  • Annuity (finance theory) — The term annuity is used in finance theory to refer to any terminating stream of fixed payments over a specified period of time. This usage is most commonly seen in academic discussions of finance, usually in connection with the valuation of the… …   Wikipedia

  • Annuity (financial contracts) — An annuity contract is a financial product, typically offered by a financial institution, that may accumulate value and take a current value and pay it out over a period of years. These contracts are regulated by various jurisdictions, leading to …   Wikipedia

  • Genworth Financial — Infobox Company company name = Genworth Financial company company type = Public (NYSE|GNW) foundation = May 2004 location = Richmond, Virginia key people = Michael D. Fraizer key people = Michael D. Fraizer Chairman, President and Chief Executive …   Wikipedia

  • RiverSource — is a subsidiary of Ameriprise Financial, Inc. RiverSource is made up of RiverSource Investments, RiverSource Annuities, and RiverSource Insurance. RiverSource Funds include more than 60 retail mutual funds and more than 20 variable portfolio… …   Wikipedia

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