Exchange Currency

daily lock-in

A guarantee in some financial products which tracks market value daily and will lock in future returns at any new high mark. For example, if a note was purchased with a guaranteed 5% return but at a later date the value of the underlying commodity raises to the equivalent of a 7% return, the new rate is locked-in and the note will pay out the higher 7% return at maturity.

Related information about daily lock-in:
  1. What is daily lock-in? definition and meaning
    Definition of daily lock-in: A guarantee in some financial products which tracks market value daily and will lock in future returns at any new high mark.
     
  2. Highest Daily Lifetime Income - Guaranteed Retirement Income ...
    No other annuity provider can offer our unique combination of these daily lock-in guarantees with annual 5% growth compounded daily for retirement income.
     
  3. Retirement Red Zone - Our Solution of Guaranteed Lifetime Income
    ... Value for the HD Lifetime® Income options, with its guaranteed daily lock-in, ... driven by our daily lock-in guarantee and can help in your legacy planning.
     
  4. 5 Common Mistakes When Buying a Variable Annuity - TheStreet
    Aug 10, 2012 ... A daily lock-in feature is likely to have a different impact on the underlying investment within the annuity than a monthly or quarterly lock-in.
     
  5. Prudential HD6 Variable Annuity...professional opinions ...
    Aug 1, 2010 ... many people wait 20 or 10yrs to touch this stuff, so once you take a withdrawl the daily lock in ends. Vs other annuities that take an annual lock ...
     
  6. Prudential Annuities | My Annuity Guy
    Nov 8, 2012 ... The Prudential Annuities Highest Daily Lock In has been one of the most ... In the past, the Prudential rider offered a highest daily lock in or 5% ...
     
  7. Gary Goldberg Financial Services
    A daily lock-in feature is likely to have a different impact on the underlying investment within the annuity than a monthly or quarterly lock-in. The frequency of ...
     
  8. Planning events to attract millennials - Generational Insights
    Aug 7, 2012 ... WITH A DAILY LOCK-IN. Call our National Sales ... And still, no one else is talking about today's most compelling VA benefit: the daily lock-in.