Terms Starting with A

  • Annual Household Income (AHI)Acronym,
      Also written as AHHI.
    • Annual Information Form (AIF)Acronym,
      • Annual Licensing Fee (ALF)Acronym,
        • Annual Maintenance Fee (AMF)Acronym,
          • Annual Membership Fee (AMF)Acronym,
            • Annual Mortgage Statement Definition, Important,
              • A report sent to the borrower every year, detailing how much principal remains on the home loan and how much was paid in taxes and interest during the previous year.
            • Annual Operating Plan (AOP)Acronym,
              • Annual Percentage Rate (APR) Bank, Very Important,
                • A yearly rate of interest that includes fees and costs paid to acquire the loan. Lenders are required by law to disclose the APR. The rate is calculated in a standard way, taking the average compound interest rate over the term of the loan, so borrowers can compare loans. In mortgages, it is the interest rate of a mortgage when taking into account the interest, mortgage insurance, and certain closing costs including points paid at closing. There is no APR in an automobile lease; instead, the cost of money is expressed as the money factor.
                A number used to compare costs associated with mortgage loans and other forms of financing.
              • Annual Percentage Rate of Charge (APRC) Acronym,
                • A yearly rate of interest that includes fees and costs paid to acquire the loan. Lenders are required by law to disclose the APR. The rate is calculated in a standard way, taking the average compound interest rate over the term of the loan, so borrowers can compare loans. In mortgages, it is the interest rate of a mortgage when taking into account the interest, mortgage insurance, and certain closing costs including points paid at closing. There is no APR in an automobile lease; instead, the cost of money is expressed as the money factor.
              • Annual Percentage Yield (APY) Bank,
                • The percentage, required by Truth in Savings regulations, to be disclosed on interest-bearing deposit accounts that reflects the total interest to be earned based on an institution's compounding method, assuming funds remain in the account for a 365-day year.
              • Annual Percentage Yield Earned (APYE)Bank,
                • Annual Premium Equivalent (APE)Acronym,
                    A standardized measure of the volume of new life insurance business written.
                  • Annual Rate of Return (AROR)Acronym,
                    • Annual Renewable Term (ART)Acronym,
                      • Annual Support Fee (ASFE)Acronym,
                        • Annual Work Unit (AWU)Acronym,
                          • Annualized Internal Rate of Return (AIRR)Acronym,
                            • The internal rate of return on an investment that makes the net present value of all cash from a particular investment equal to zero.
                          • Annualized Return on Investment (AROI)Acronym,
                            • Annualized Return Rate (ARR)Acronym,
                              • Annually Renewable Disability Income (ARDI)Acronym,
                                • Annuitant Bank,
                                  • An individual who owns or is the recipient of an annuity.
                                • Annuitization Bank,
                                  • The process of turning a retirement plan or annuity into income in the form of periodic payments or a single lump sum.
                                • Annuitization Options Bank,
                                  • The different income dispersal options available when annuitizing a retirement plan or annuity, such as the timeframe and list of beneficiaries.
                                • Annuity Bank,
                                  • A regular periodic payment made by an insurance company to a policyholder for a specified period of time.
                                  • A financial instrument that disperses a number of payments over a set period of time.
                                • Annuity and Supplementary Contract (ASC)Acronym,
                                  • Annuity Certain Bank,
                                    • A type of annuity that makes payments to the annuitant for a set term; payments stop when the agreed upon term ends, even if the annuitant is still alive after the term ends.
                                  • Annuity Consideration Definition,
                                    • The payment(s) made by an individual in order to accumulate value in an annuity.
                                  • Annuity Contract Bank,
                                    • A contract that outlines each party's responsibilities as they relate to an annuity.
                                  • Annuity Due (AD)Acronym, Important,
                                    • Annuity Factor Method Bank,
                                      • A way of determining the maximum amount an annuitant can withdraw from an annuity before penalties are applied.
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