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The 1857 Supreme Court landmark ruling in Dred Scott v. Sandford stunned abolitionists. Addressing the issue of racial equality, Chief Justice Roger Taney wrote
Annual Payments
Regular payments made once a year, often associated with loans, annuities, or insurance policies, to settle obligations or distribute income.
Settlement Options
The various ways that an insurance policy or financial contract can be paid out to the beneficiary, including lump-sum payments and annuities.
Lump Sum Payment
A single payment made at a particular time, as opposed to multiple payments made over a period.
Present Value
The present fiscal value of a future sum of money or sequence of cash inflows, determined by a specified rate of return.
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