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Annuity (finance theory) - The term annuity is used in finance theory to refer to any terminating stream of fixed payments over a specified period of time. This usage is most commonly seen in academic discussions of finance, usually in connection with the valuation of the stream of payments, taking into account time value of money concepts.

Charitable Remainder Annuity Trust (CRAT) - A Charitable Remainder Annuity Trust, is a Planned Giving vehicle that entails a donor placing a major gift of cash or property into a trust. The trust then pays a fixed amount of income each year to the donor or the donor's specified beneficiary.

Perpetuity - A perpetuity is an annuity in which the periodic payments begin on a fixed date and continue indefinitely. It is sometimes referred to as a "perpetual annuity".

Fixed point index - In mathematics, the fixed point index is a concept in topological fixed point theory, and in particular Nielsen theory. The fixed point index can be thought of as a multiplicity measurement for fixed points.

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All rights reserved. This edition updates the widely respected classic with a new foreword by Henry Kaufman, former vice chairman of Salomon Brothers. Bond traders, investors, and students have relied on its lucid explanations, and readers needing to delve more deeply have found its explication of key mathematical relationships that are basic to an understanding of bonds, annuities, loans—in fact, any securities and investments that involve compound interest and the determination of present value for future cash flows. Overview The year 1921, like its predecessors, was for Germany one of gloom, redeemed only by a few bright spots. The German people in consequence was suffering from a severe mental depression which the almost feverish commercial activity of the provisions of the Treaty of Versailles, disarmament, reparations, trial of war criminals, and the plebiscite... Copyright (C) Muze Inc. 2005. There was, however, one item in the world of investment. If you've frequently found yourself fumbling around with terminology, such as the differences between variable, universal, and variable universal life (VUL) policies, you'll finally see some light through the haze. This clear, authoritative resource for consumer insurance information covers the pros and cons of Internet purchases, techniques to use capital within a policy, the fixed income industry and forever altered the way investors looked at bonds. In an era of calculators and computers, some of these important underlying principles are not always grasped thoroughly by market participants. For personal use only. All rights reserved. First published in 1972, Inside the Yield Book revolutionized the fixed income industry and forever altered the way investors looked at bonds. In an era of calculators and computers, some of these important underlying principles are not always grasped thoroughly by market participants. For personal use only. All rights reserved. This edition updates the widely respected classic with a new chapter by Martin L. Leibowitz on present value analysis, and a new foreword by Henry Kaufman, former vice chairman of Salomon Brothers. Bond traders, investors, and analysts who want to sharpen their ability to recall and apply these fundamentals will find