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Expected Return
The projected return on an investment over a given period of time, factoring in various risks and the time value of money.
Single Life Annuity
A financial product that provides a stream of payments to an individual for their lifetime, ceasing upon their death.
Annuity Contract
A financial agreement between an individual and an insurance company where the individual makes a lump-sum payment or series of payments in exchange for regular disbursements starting either immediately or at some point in the future.
Expected Return
Expected return is a financial term representing the average of all possible returns for a given investment, factoring in the likelihood of each outcome.
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