Level annuity system

Definition:

A plan that pays interest and principal in such a way that the total is same for each payment. The earliest payments are mostly interest and the later ones are mostly principal.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Proxy Fight

Competition of outside group with management for stockholders' proxies in order to accumulate votes to elect a new board of directors.

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