lump sum contract
1contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …
2contract practice — the treatment of the members of a specified group for a lump sum, or at so much per member …
3Investment In The Contract — As this term applies to annuities, the principal amount that the contract owner has invested in the contract. The investment in the contract can be made as a series of payments or in a single lump sum. This term generally applies to fixed,… …
4Window Guaranteed Investment Contract — A type of investment plan where a series of payments are made to an insurance company, and the principal and interest rate are guaranteed by the insurance company to which payments are made. Window guaranteed investment contracts are similar to… …
5single 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 …
6ConsensusDOCS — Type Limited liability company …
7charter party — charter (def. 5). [1530 40] * * * ▪ contract contract by which the owner of a ship lets it to others for use in transporting a cargo. The shipowner continues to control the navigation and management of the vessel, but its carrying capacity… …
8Surrogatum — is a thing put in the place of another or a substitute. [New Shorter Oxford English Dictionary. 1997. Version 1.0.03] The Surrogatum Principle pertains to a Canadian income tax principle involving a person who suffers harm caused by another and… …
9social security — 1. (usually caps.) a program of old age, unemployment, health, disability, and survivors insurance maintained by the U.S. federal government through compulsory payments by specific employer and employee groups. 2. the theory or practice of… …
10insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …
