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fixed future

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See: predetermination


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Usually 10% to 15%, depending on age and deferral period, is needed to buy--with today's dollars--a fixed future income stream.
This comes with a forward foreign exchange contract, which is an agreement, entered into today, to purchase or sell a fixed quantity of foreign exchange sea fixed future date.
Section H: PVF of payments when the payment changes by a constant dollar amount The PVF is for the income stream that is projected to change in constant dollar amounts in a manner similar to a sinking fund to reach a projected fixed future value.
 
 
 
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