Guaranteed Interest Rate Fixed Account


Definition of "Guaranteed interest rate fixed account"

Account in which a predetermined interest rate is paid for a predetermined period of time. For each contribution that is paid into the fixed account, a new guarantee period begins for that particular contribution.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Insured Mortgage

Same as term insured loan: A loan indemnified against default by the borrower. Such loans may be a m ...

Direct Writing Agent

Same as term Captive Agent: representative of a single insurer or fleet of insurers who is obliged t ...

Internet Service Provider (isp)

Company that provides access to the internet through electronic communications. ...

Lifetime Disability Benefit

Provision in some disability income policies that provides a monthly income benefit to a disabled in ...

Cumulative Liability

Reinsurance: total of the limits of liability of all reinsurance policies that a reinsurer has outst ...

Accidental Death Clause

in a life insurance policy, benefit in addition to the death benefit paid to the beneficiary, shoul ...

Related Real Estate FAQ

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report ...

What Is A Wraparound Mortgage?

A wraparound mortgage is a new mortgage that includes the remaining balance on an old mortgage, plus ...

What Is A Mortgagor?

A mortgagor is the borrower. ...

What Are Closing Costs?

Closing costs are expenses incurred by buyers and sellers in transferring ownership of a property. ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

How to become a real estate agent What do Real Estate Attorneys do? What is Earnest Money 7 Tips for a First Time Homebuyer Mortgage Loan Types

FAQ

What is an annuity? What is a proration? What is comprehensive homeowners insurance? How can I figure out my debt-to-income ratio? What is an amortization?