periodic payment

(redirected from Periodic payments)
Also found in: Financial.
References in periodicals archive ?
com)-- Today, True Vision Funding LLC (TVF), a leader in the financial services sector, announced it is offering lump sum cash payments to lottery winners in all 50 states and launching a industry-leading structured settlement program with exceptionally low rates to individuals receiving periodic payments.
Periodic payments under a notional principal contract are payable at intervals of one year or less and are recognized ratably on a daily basis.
Over the next few days, a total of BGN 188 M will be paid out," Zaharieva stated, adding that there would be periodic payments under all axes.
Realization of periodic payments required for cleaning, maintenance and hygiene of local technical service of civil aviation as well as specific services on purchase orders
The periodic payments deliver dependable, regular income and are tailored to meet the future needs of the recipient.
The payments made under the Contracts are generally fixed, level periodic payments, unless a Contract owner selects Option X at the time a Contract is issued.
The court concluded that the fact that annuity contract was not executed prior to Bernath's death was not material since the unambiguous language of the settlement agreement terminated the periodic payments upon death.
A periodic payment exception allows penalty-free distributions prior to age 59V, provided they are part of a series of "substantially equal periodic payments," made at least annually, and lasting a specified duration.
The Guardian Life Insurance Company of America has introduced Business Reducing Term, a disability policy designed to cover financial obligations that require periodic payments expiring at a given time.
Distributions that are part of a qualified series of substantially equal periodic payments (SEPPs) made annually to the IRA owner are also exempt from the penalty.
Are there limits on a circuit court's authority to set the amount of a noncustodial parent's periodic payments toward arrearages in child support and maintenance after his current obligation to pay support ends?
Those injured in accidents can now be awarded periodic payments, rather than one-off lump sums, which may last for the remainder of the claimant's life," he said.