The
Definition Of

Annuity

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

Share it:

More from this Section

  • Investment Agreement
    An investment agreement spells out specific rights and responsibilities of both the foreign firm and the government. The presence of MNEs is as often sought by ...
  • Product Differentiation
    Product Differentiation is development of a variety of product configurations to appeal to a variety of consumer tastes.
  • Performance Bond/Guarantee
    Performance Bond/Guarantee safeguard against the party to whom the commercial contract is awarded failing to meet an obligation under
  • Measuring Exchange Rate
    An exchange rate measures the value of one currency in units of another currency. As economic conditions change, exchange rates can change substantially.
  • D/P (documents against payment)
    D/P (documents against payment) refer to shipping documents presented to a bank on a collection basis to be passed to the buyer (drawee) when
  • E-banking
    E-banking or Electronic banking means a method of banking that allows to carry out banking transactions using the computer and telecommunications network ...
  • APEDA
    APEDA means Agricultural and Processed Food Products Exports Development Authority.