Long-Term Investments

Deferred-Payment Annuity
A type of annuity contract where payments to the annuitant are postponed until a specified number of periods have elapsed, or until the annuitant reaches a certain age. Also known as a deferred annuity.
Purchasing Power Risk
Purchasing power risk refers to the risk that inflation will erode the value of the currency in which an investment or deal has been made, effectively reducing the real return on investment over time.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.