Sentences with phrase «certain specified number of years»
The annuity may be for a certain specified number of years or for life.
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Two Step Mortgage A mortgage in which the borrower receives a-below-market interest rate for a specified number of years (most often seven or 10), and then receives a new interest rate adjusted (within certain limits) to market conditions at that time.
In exchange for a certain amount of money each month, you are provided with a certain amount of protection for a specified number of years.
In the likely scenario of «freezing» the currently applicable rights at a certain «specified date», the judgment might very well protect a significant number of self - employed EU citizens who have worked for more than a year at that date but have ceased their economic activity.
Monthly income is paid out for a specified number of years subject to certain conditions, such as in case of major cancer diagnosis
A guaranteed annuity or life and certain annuity, makes payments for at least a certain number of years (the «period certain»); if the annuitant outlives the specified period certain, annuity payments then continue until the annuitant's death, and if the annuitant dies before the expiration of the period certain, the annuitant's estate or beneficiary is entitled to collect the remaining payments certain.
Then, after a certain number of years (usually 3, 5 or 7), the rate suddenly adjusts to a rate tied to an indicator specified in the original mortgage.