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Contractual Claim
The financial definition for Contractual Claim:
An amount that by legal agreement must be paid periodically to the buyer of a security; contractual claim may also specify the time at which the principal must be repaid and other details.
Similar MatchesContractual IntermediaryContractual Intermediary Holder of an indirect claim in through a legal agreement that specifies that the individual must make periodic, fixed payments to the intermediary in exchange for the right to receive payments from the intermediary in the future.
Contractual planContractual plan A plan in which fixed dollar amounts of mutual fund shares are purchased through periodic investments, usually featuring some sort of additional incentive for the fixed period payments.
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