Definition Of


Annuity is fixed amount of cash to be received every year for a specified period of time. 

Share it:

More from this Section

  • Auditing and Control Personnel
    Keeping abreast of the inflow of revenues and the outflow of expenses from a bank and tracking changes in the bank’s financial position...
  • Free On Board [FOB]
    Free On Board [FOB] is shipping term, which applies, when the goods are placed on board a ship by the seller at the port of shipment
  • Central Bank
    A central bank is an semi-independent autonomous government institution that conducts and controls monetary policy and interest rates...
  • Return on assets (ROA)
    Return on assets (ROA) is the net profit after taxes per dollar of assets.
  • Excess supply
    Excess supply is a situation in which quantity supplied is greater than quantity demanded.
  • Regulatory forbearance
    Regulatory forbearance is the regulators’ refraining from exercising their right to put an insolvent bank out of business.
  • Sound Lending Loan Policy
    Sound lending policy means a lending portfolio statement that gives importance in two issues: (1) lending activities meet the regulatory standard ...