Examlex
Deviants are:
Perpetual Fund
A type of investment fund that has no fixed maturity date, often aiming to provide investors with a steady income indefinitely.
Indexed Annuity
An annuity that earns interest or provides benefits that are linked to the performance of a specified index of the stock market.
Compounded Quarterly
A method where interest is added to the principal amount of an investment or loan at the end of every three months, leading to interest earning interest.
Deferred Annuity
A financial product that delays payments of income, installments, or a series of payments until a specified future date.
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