HomeDefinitionsCompareDebt Periodic purchase deferred contractThe financial definition for Periodic purchase deferred contract:A fixed or variable annuity contract for which fixed-amount premiums are paid either monthly or quarterly, and that does not begin paying out until a time elected by the annuitant. Similar MatchesPeriodic call auctionPeriodic call auctionSelling stocks by bid at intervals throughout the day. Periodic payment planPeriodic payment planAccumulation of capital in a mutual fund by making regular payments on a monthly or quarterly basis. Periodic paymentsPeriodic paymentsA series of payments from an annuity, qualified retirement plan, or 403(b)(7) account made over a certain term of years. A payment from an IRA, even if over a period of years, is not considered a periodic payment for tax purposes. Further SuggestionsPeriodic rateClick to compare definitions of Periodic purchase deferred contract Click to view definitions beginning pe |