The payments of each single annuity is called an __________.

______________________ is a fund created to discharge a known future liability .

Endowment fund is also called _______________

The scholarship may be paid for a fixed number of years or in perpetuity. Such corpus is called ___________

The time that intervences between the payment of two successive instalments of an annuity is called _____________.

The time between two successive payment dates of an annuity is called its________________.

Deferred annuity is also called ___________________

If the payments are made at the beginning of the periods, it is called _________________.

_________________ is one when payments are made till the happening of an event such as death of a person, the marriage of girl.

_________________ is annuity crated for accumulating money that can be used for paying off a financial obligation at some future precided date