HomeDefinitionsCompareDebt Period certain annuityThe financial definition for Period certain annuity:An annuity that provides guaranteed payments to an annuitant for a specified period of time. Similar MatchesAnnuity certainAnnuity certainAn annuity that pays a specific amount on a monthly basis for a set amount of time. Certainty equivalentCertainty equivalentAn amount that would be accepted today (risk free) in lieu of a chance to receive a possibly higher, but uncertain, amount. Certainty Equivalent ReturnCertainty Equivalent ReturnThe certain (zero risk) return an investor would trade for a given (larger) return with an associated risk. For example, a particular investor might trade an uncertain expected 4% active return with 6% risk, for a certain active return of 1.5%. Further SuggestionsEndogenous uncertaintyInflation uncertainty Price uncertainty Click to compare definitions of Period certain annuity Click to view definitions beginning pe |