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Glossary

A

  • Annuitant
  • Annuity
  • Annuity Benefits
  • Annuity Broker
  • Annuity Issuer
  • Annuity Payment Period
  • Annuity Start Date
  • Assignee

B

  • Beneficiary
  • Best’s Rating
  • Bonds

C

  • Claim
  • Consideration
  • Contract
  • Court Order

D

  • Defendant
  • Deferred Annuity
  • Dependents
  • Discounted Present Value

E

  • Encumbrance
  • Escrow

F

  • Face Amount
  • Factoring
  • Financial Affidavit
  • Funds Transfer

G

  • Gross Advance Amount
  • Guaranteed Payments
  • Guardian

I

  • Independent Professional Advice
  • Insurance Settlement
  • Internal Revenue Code
  • Irrevocable Trust

J

  • Joint Annuitants
  • Judgment

L

  • Legal Representative
  • Lien
  • Life Contingent Payments
  • Lifetime Payments
  • Liquidity
  • Lump Sum Annuity
  • Lump Sum Payment

N

  • Net Advance Amount
  • Net Purchase Price
  • Non-qualified Structured Settlement
  • Notarize

O

  • Obligor

P

  • Partial Purchase
  • Payee
  • Payment Stream
  • Period Certain
  • Periodic Payments
  • Personal Injury
  • Plaintiff
  • Policy Limit
  • Present Value
  • Purchase Price

Q

  • Qualified Assignment
  • Quote

R

  • Risk

S

  • Settlement Agreement
  • Settlement Annuity
  • Settlement Date
  • Special Power of Attorney
  • Stipulation
  • Stream of Payments
  • Structured Settlement
  • Structured Settlement Agreement
  • Structured Settlement Funding
  • Structured Settlement Obligor

T

  • Term Certain
  • Term of Policy
  • Time Value of Money
  • Transfer Agreement
  • Transferee

U

  • Underwriter

W

  • Workers Compensation
  • Wrongful Death
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