Sentences with phrase «lump sum of cash»

The phrase "lump sum of cash" refers to a large amount of money that is given or received all at once, rather than in small installments over time. Full definition
It allows the policyholder to place lump sum of cash in a single premium life insurance policy..
This enables people who may not have been able to save a large lump sum of cash to become homeowners.
A home equity loan, though, provides you with a single lump sum of cash, again based on the amount of equity in your residence.
The pinnacle of credit card rewards for many cardholders, credit card signup bonuses provide a one - time bonus lump sum of cash back, points, or miles.
In this scenario there will be yearly savings, not just a one - time lump sum of cash.
As our salaries increased, we doubled up our monthly payments and put lump sums of cash down on the principal as often as we could.
GI policies will provide the insured's loved ones with a tax - free lump sum of cash to help cover these expenses after they pass away.
Throughout each year, you may receive a nice lump sum of cash.
So expect both the size of your mortgage and your mortgage payment (depending on interest rates) to increase in return for a cold, hard lump sum of cash.
The first is a large lump sum of cash, paid all at once to the homeowner.
A HELOC is a home equity loan with a twist: rather than giving you a single lump sum of cash at closing, you're set up with a line of credit you can draw on as needed.
This enables Fairfield Funding's clients to access lump sums of cash instead of waiting for payments that are spread out over months or years.
They are generating a lot of net - free cash flow and need to determine what to do with monthly, quarterly or annual lump sums of cash that need to be saved long - term and put into their overall asset allocation plan.
Avoid treating irregular lump sums of cash as found money or as a windfall.
The agreed upon payments are re-assigned to the buyer of the structured settlement, and in exchange, the buyer gives the seller an upfront lump sum of cash.
For instance, putting lump sums of cash toward credit card debt can wipe out high interest payments, which would give you a better return on your money than paying off low interest mortgage debt.
Now, most of us don't have the luxury of receiving a huge lump sum of cash and earn it over time through employment, dividends, rent, etc. but it is something to consider the next time you receive a windfall.
The drawback to this though, is that once you've blown through the rather generous lump sum of cash that the game provides at the start, you'll find that money trickles in very slowly and earning enough to max out the stats on one vehicle, let alone upgrading to the next, soon proves to be quite the grindy chore.
If your financial situation shows that you no longer need that big lump sum of cash, it might be time to consider closing out that policy and moving into a permanent Whole Life plan that takes care of Burial Insurance and / or Final Expenses
lump sums of cash from pensions, bond, shares, bonuses, etc..
An immediate annuity is a contract between you and an annuity issuer (an insurance company) to which you pay a single lump sum of cash in exchange for the issuer's promise to make payments to you (or the annuitant) for a fixed period of time or for the life of the annuitant.
They are generating a lot of net - free cash flow and need to determine what to do with monthly, quarterly or annual lump sums of cash that need to be saved long - term and put into their overall asset allocation plan.
There are pros and cons to each option, which I review in more detail here but because you have said that you have a large lump sum of cash to invest, I would lean towards an ETF.
The standard home equity loan is the most commonly used for debt consolidation because you borrow a single lump sum of cash, whatever you need to pay off your debts, and then pay it off over a period of years at a fixed interest rate.
«While it may be appealing to get an upfront lump sum of cash, the risk here appears to be that a consumer could end up with a more expensive product with harsher repayment terms than they would with a more conventional loan,» said Edelman, whose Washington - based policy institute promotes economic mobility.
It's narrower than a traditional term life insurance policy, which covers a variety of expenses via a tax - free lump sum of cash paid (known as the death benefit) to a loved one after your death.
If you take out a home equity loan, you'll receive a one - time lump sum of cash that you then pay back over a set amount of time, usually 10 or 15 years.
Term loans are a lump sum of cash you pay back, plus interest, over a fixed period of time.
The way it works is the equipment financing company will purchase your equipment from you providing you with a lump sum of cash.
In an immediate annuity, the purchaser gives an insurance company a lump sum of cash and receives payments until they die.
Under the terms of a home equity loan, your lender would convert your equity amount into a lump sum of cash money that you could then use for whatever you'd like.
If you have a lump sum of cash to invest, you can vary how you invest during your time period via DCA.
There are two ways to fund your Traditional IRA: You can invest a lump sum of cash all at once or make smaller contributions throughout the year.
You will receive a lump sum of cash back upon closing, equal to the interest savings of the advertised rate.
AS Roma have set aside a lump sum of cash to reinforce their squad in the January transfer window according to...
He floated the idea of going back to line - item grants in the budget that are directed by individual legislators, rather than a lump sum of cash allocated to the rank - and - file by the legislative leaders.
With a loan, you get a lump sum of cash from the lender that you can park in your bank account.
More importantly, refinancing this type of loan into a traditional car loan allows you to turn that large payment into smaller payments paid out over time, freeing up a lump sum of cash you would have otherwise paid out.
If you receive regular payments from a structured settlement or annuity, consider selling your future payments to a company like J.G. Wentworth for a lump sum of cash now.
That is not to say that a lump sum of cash from the government doesn't make you feel good.
Selling additional financial products with a reverse mortgage: Reverse mortgages allow borrowers to draw out lump sums of cash, or to draw on their home equity as needed.
Personal loans are a good way to access a lump sum of cash if you have a large expense to cover right now, but may ultimately cost more in the long run.
The advantage of a personal loan is that it can provide quick access to a lump sum of cash if you qualify for it.
Make sure you have an accurate idea of your current savings balances and an idea of what you plan to do with that money — as well as any lump sums of cash that may come your way, such as an income tax refund check.
By placing a second loan against your home, you get a lump sum of cash to use for whatever reason you desire.
Paying a lump sum of cash that's only half the advertised jackpot value is perfectly legal because the lottery assumes that if you invest wisely, you will end up with as much as if you took the annuity.
You can take that lump sum of cash and plow it directly into another investment property.
a b c d e f g h i j k l m n o p q r s t u v w x y z