Examlex
Identification
-Huang-ti
Annuities
Financial products sold by financial institutions that are designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time.
Present Value
The current financial value of money to be obtained in the future or upcoming cash flow payments, quantified by a particular rate of return.
Cash Flows
The total amount of money being transferred in and out of a business, especially as affecting liquidity.
Investment
The expenditure of money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property.
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