Maturity Funding Contract


Definition of "Maturity funding contract"

Type of pension plan under which a retirement annuity is purchased at the time of retirement of the employee, funded by means of a single premium payment made to the insurance company.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Contribution Clause

Clause, generally found in business interruption insurance, that establishes the same indemnificatio ...

Bordereau

Form of reinsurance that shows loss history and premium history with respect to specific risks. The ...

Self-amortizing Mortgage

mortgage being reduced through periodic principal and interest payments. ...

Waterfront Property

Residential or office structure adjacent to water such as a lake. Such property has a higher value b ...

Lead-Generation Sites

A mortgage Web site designed to provide leads to lenders. A 'lead' is a packet of information abou ...

Property Report

A report required by the Interstate Land Sale Act for the sale of subdivisions having 50 or more lot ...

Related Real Estate FAQ

What Is A Contingency?

A contingency is a provision included in a sales contract stating that certain events must occur or ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. The ...

What Are My Coverage Options?

Our agents have a wide range of coverages available, as well as an array of choices for limits and d ...

What Is A Default?

A default is when a person fails to make payments on a loan. ...

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

Rent or Buy - the pros and cons Home Prices - The Extra Costs What do Real Estate Attorneys do? Mortgage Loan Types 5 signs of house foundation problems

FAQ

What do I need to know about Condominium Insurance? What is an assessed value? What is depreciation? What are jumbo mortgages? What do I need to know about Motorcycle Insurance?