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periodic purchase deferred contract

Annuity contract that pays fixed payments to the policyholder, but not until a date selected by the purchaser has been reached. These payments are made on a monthly or quarterly basis and can vary based on if the purchaser selected a fixed of variable annuity contract.

Related information about periodic purchase deferred contract:
  1. Periodic Purchase Deferred Contract financial definition of Periodic ...
    A fixed or variable annuity contract for which fixed-amount premiums are paid either monthly or quarterly, and that does not begin paying out until a time elected ...
     
  2. What is periodic purchase deferred contract? definition and meaning
    Definition of periodic purchase deferred contract: Annuity contract that pays fixed payments to the policyholder, but not until a date selected by the purchaser has ...
     
  3. periodic purchase deferred contract Definition | Business ...
    In some cases, premium payments may continue after payments from the annuity have begun. A periodic purchase deferred contract can be either fixed or ...
     
  4. periodic purchase deferred contract - Business Definition
    periodic purchase deferred contract definition: A deferred annuity purchased with a series of premium payments. For example, an individual might obtain a ...
     
  5. deferred annuity - Business Definition
    Also called deferred-payment annuity. Compare immediate annuity. See also longevity insurance, periodic purchase deferred contract, single-premium deferred ...
     
  6. single-premium deferred annuity - Business Definition
    Compare periodic purchase deferred contract. The American Heritage® Dictionary of Business Terms Copyright © 2010 by Houghton Mifflin Harcourt Publishing ...
     
  7. periodic inventory method - Business Definition
    performance stock · performance · peril point · peril · period certain annuity · periodic payment plan · periodic purchase deferred contract · perishable · perjury ...
     
  8. single-premium deferred annuity - Invest Definition
    Compare periodic purchase deferred contract. Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2010 ...