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lump-sum premium

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См. также в других словарях:

  • lump-sum payment — A single payment in contrast to installments; e.g. single premium payment for life insurance; a single lump sum divorce settlement; or single worker s compensation payment in lieu of future monthly installment payments. See also alimony …   Black's law dictionary

  • lump-sum payment — A single payment in contrast to installments; e.g. single premium payment for life insurance; a single lump sum divorce settlement; or single worker s compensation payment in lieu of future monthly installment payments. See also alimony …   Black's law dictionary

  • premium — pre·mi·um / prē mē əm/ n 1: the difference between the face value or par value of a security and its market price when the latter is greater compare discount 2: the price paid for an insurance contract equal to the cost per unit times the number… …   Law dictionary

  • premium — A reward for an act done. Brown v. Board of Police Com rs of City of Los Angeles, 58 Cal.App.2d 473, 136 P.2d 617, 619. See also bonus A bounty or bonus; a consideration given to invite a loan or a bargain, as the consideration paid to the… …   Black's law dictionary

  • premium — A premium is a reward or recompense for some act done. Alvord v Smith, 63 Ind 58. An amount offered by way of a prize to a successful competitor in a contest. 24 Am J1st Gaming §§ 100 et seq. A purse, prize, stake or sweepstake; some valuable… …   Ballentine's law dictionary

  • Single-Premium Deferred Annuity - SPDA — A type of annuity contract that is established with a single lump sum payment by the owner. The annuity then grows on a tax deferred basis until annuitization. Single Premium Deferred Annuities (SPDA) can be either fixed or variable, and… …   Investment dictionary

  • Single-Premium Life Insurance — An insurance plan in which a lump sum of cash is paid up front to guarantee payment to beneficiaries. Because single premium policies are instantly fully funded, the money invested builds up rapidly, making for a potentially sizable benefit even… …   Investment dictionary

  • single premium annuity contract — An annuity contract for which the purchaser pays a single premium, that is, a premium in one lump sum. 4 Am J2d Annui § 1 …   Ballentine's law dictionary

  • level premium — noun : one of a series of equal installments by which the premium on an insurance policy may be paid rather than in a lump sum …   Useful english dictionary

  • Single-Premium Deferred Annuity — ( SPDA) An IRA like annuity into which an investor makes a lump sum payment that is invested in either a fixed return instrument or a variable return portfolio, which is taxed only when distributions are taken. Bloomberg Financial Dictionary …   Financial and business terms

  • Navy Mutual Aid Association — is a nonprofit, federally tax exempt, mutual benefit Veterans Service Organization which was established in 1879 by sea service members for the purpose of providing financial protection to Navy, Marines, Coast Guard, National Oceanic and… …   Wikipedia

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