Periodic payments refer to the regular amounts of money that are paid at specific intervals. It means receiving or making payments in a consistent and recurring manner, such as monthly or annually. Full definition
How are annual, substantially equal periodic payments determined for purposes of the required minimum distribution method, the fixed amortization method and the fixed annuity method? (toolsformoney.com)
The future value of an annuity formula is used to calculate what the value at a future date would be for a series of periodic payments into your annuity. (financialbrawn.com)
A company issues bonds to borrow money at an interest rate specified in the bond issuance and makes periodic payments of principal and interest. (money.stackexchange.com)