definition of fixed period settlement option
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Fixed-Period Installment Option Fixed-Period Installment Option. A settlement option whereby the proceeds are guaranteed to be paid in equal installments for a specified period of time. Proceeds are retained by the insurance company and paid in equal installments over a specified period of months or years. Payments are comprised of both principal and interest.
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Employment Fixed-term contracts: 1  last for a certain length of time. 2  are set in advance. 3  end when a specific task is completed.  end when a specific event takes place.
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- Fixed-Term Tenancies. If a fixed-term tenancy agreement (or a lease) has a move-out clause that requires the tenant to move out at the end of the term, the tenant can move at the end of the term without giving the landlord notice.
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What is a fixed price contract? A firm fixed price with incentive contract provides a firm fixed price to be paid, but the contractor can earn a special incentive or added payment by fulfilling certain pre-defined objectives such as cutting costs or completing the project by a certain date.
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- Many employers utilize the Fixed Term Contract purely as a means of evading their statutory obligations in terms of the BCEA and the LRA and the EEA, and also to save money by denying the employee the opportunity of pension/provident fund benefits and also medical aid benefits.
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Fixed-term contract A fixed-term contract is a term usually used to refer to a contractual relationship between an employee and an employer that lasts for a specified period.enerally, fixed term contracts will automatically be deemed to have created a permanent contract, subject to the employer's right to terminate employment on reasonable notice for a good reason.
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What is the Difference Between a Month-by-month Lease and a Fixed-term Lease? Fixed-Term Leases. A fixed-term lease is a type of rental agreement in which the renter agrees to stay and pay rent for the period of time indicated in the written contract. Renters who break their lease typically lose their deposit and, if applicable, their pre-paid rent for the final month of the lease.
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Fixed Term Contract A fixed term contract of employment is similiar to a contract of permanent employment. The difference is that the fixed term contract will stipulate a starting date and an ending date. The duration of the contract is clearly specified between employer and employee.
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settlement date Settlement date. The settlement date is the date by which a securities transaction must be finalized. By that date, the buyer must pay for the securities purchased in the transaction, and the seller must deliver those securities. For stocks, the settlement date is three business days after the trade date, or what's referred to as T+3. For options and government securities, the settlement date is one day, or T+1, after the trade date. In figuring long- and short-term capital gains on your tax return, you use the trade date -- the date you buy or sell a security -- rather than the settlement date as the date of record. settlement date. Closing date.
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- Previous Next. A fixed-term employment contract (or CDD) is an employment contract by which an employer (company, enterprise...) recruits an employee for a limited period of time.Such contracts are possible only to perform a specific, temporary task, and only in those cases set out by law.he maximum total duration of the fixed-term contract (which may be renewable once) is generally 18 months (or 24 months in certain cases) and varies according to the grounds on which the contract was signed.
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Part 4. Examining Process In the vast majority of European markets, the settlement period for securities is currently the transaction date plus three business days, often referred to as T+3. The move to T+2 and a shorter settlement cycle would mitigate counterparty risk for all industry participants.
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Series 7 Practice Exam 1 Q&A What is a 'Settlement Date' The settlement date is the date on which a trade must be settled and the buyer must make payment. It is also the payment date of benefits from a life insurance policy. The settlement date for stocks and bonds is usually two business days after the trade was executed; for government securities and options, it's the next business day; and in spot foreign exchange it is two business days after the transaction date.
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- Fixed costs. A fixed cost is a cost which is incurred for an accounting period, and which, within certain activity levels remains constant. The total cost remains constant over a given level of activity but that the cost per unit falls as the level of activity increases.
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Future Purchase Option A future purchase option is a feature often specified in long-term disability insurance policies. By utilizing this option, policyholders can increase their insurance coverage each year as their income increases. The insurance company enables the policyholder to increase coverage without medical underwriting.
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What Is a Put Option: Long, Short, Buy, Sell, Example Updated November 25, 2016. Definition: A put option is the right to sell a security at a specific price until a certain date. It gives you the option to put the security down.. The right to sell the security is a contract. The securities are usually stocks, but can also be commodities futures or currencies.
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- DEFINITION of 'Breakeven Point-BEP'. 1. In general, the point at which gains equal losses. 2. In options, the market price that a stock must reach for option buyers to avoid a loss if they exercise. For a call, it is the strike price plus the premium paid. For a put, it is the strike price minus the premium paid.
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DEFINITION of 'Unilateral Extended Reporting Period Provision' Unilateral Extended Reporting Period Provision. DEFINITION of 'Unilateral Extended Reporting Period Provision'. An insurance contract provision that allows the insured to extend the period of time in which coverage is provided in the case that the insurer decides to cancel or not renew the insurance contract.
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Fixed Term Contract Unfortunately,some employers use the fixed term contract as a means to save money by denying an employee the opportunity of pension/provident fund benefits and medical aid benefits. Moreover, if a fixed term employee is retrenched, he or she can be denied their severance pay.
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viatical settlement viatical settlement. Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia. viatical settlement. (Insurance) the purchase by a charity of a life assurance policy owned by a person with only a short time to live, to enable that person to use the proceeds during his or her lifetime. Noun. 1. viatical settlement - cash derived from sale of an insurance policy by a terminally ill policy holder. advance death benefit - a percentage of death benefits paid directly to policy holders having a short life expectancy (usually 6 months)
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- 1 A fixed term tenancy agreement ends when the end date has been reached and the tenant/resident gives the property manager/owner notice that they will be leaving or the agent gives the tenant/resident notice to leave.2  Otherwise the agreement continues as a periodic agreement. Otherwise the agreement continues as a periodic agreement. 2  Under a periodic agreement the tenancy ends when the tenant/resident or property manager/owner give the correct notice. 3  Correct notice periods must be given in all cases.
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Fixed price Fixed-price contract A fixed-price contract is a contract where the contract payment does not depend on the amount of resources or time expended by the contractor, as opposed to cost-plus contracts. These contracts are often used in military and government contractors to put the risk on the side of the vendor and control costs.
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- Put Option. A put option is an option contract in which the holder (buyer) has the right (but not the obligation) to sell a specified quantity of a security at a specified price (strike price) within a fixed period of time (until its expiration).
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Are Fixed Maturity Plans (FMPs) just the latest investment fad?-Answers to the frequent asked question-What are Fixed Maturity Plans (FMPs) Why are fixed maturity funds (FMPs) tax efficient and superior to bank Fixed Deposits (FDs) Fixed Maturity Plans are great investment options and are highly tax efficient. For one year FMP, the tax works out to 10% without indexation and 20% with indexation. For example, if you invest Rs 1,00,000 for a one year FMP, and assume the Fixed maturity plan gives you a gain of 10%- approximate Rs 10000. The capital gains tax for the Fixed Maturity Plan works out to be Rs 1000 without indexation and 1250 with indexation.
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- fixed penalty notice noun. pay the penalty/price for something phrase. 1. a punishment for breaking a rule or law penalty for: The maximum penalty for the offence is two years’ imprisonment. severe/heavy/stiff/tough penalties: There are severe penalties for companies who breach environmental laws.
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Fixed-term contract Fixed-term contract. A fixed-term contract is a term usually used to refer to a contractual relationship between an employee and an employer that lasts for a specified period. They are usually regulated by different countries' labour laws, to ensure that employers still fulfill basic labour rights regardless of a contract's form, particularly unjust dismissal.
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Subpart 16.2âFixed-Price Contracts 16.202-1 Description. A firm-fixed-price contract provides for a price that is not subject to any adjustment on the basis of the contractor’s cost experience in performing the contract. This contract type places upon the contractor maximum risk and full responsibility for all costs and resulting profit or loss.