Annuity

 

Meaning of the word: Annuity

An annuity is a term connecting with financial field. It means stream of fixed payments, it is periodically received over a specified period of time. Each annuity payment includes redemption, which is the installment of the borrowed funds and interest, it is a reward to the lender for their provision.

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LTV

LTV or Loan To Value is a financial term, which express the ratio between loan and value of an asset purchased. This term is usually used by banks,…

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