Surrender charge

A fee imposed for terminating an Annuity contract prior to ITS maturity.

Related Terms: 7 Annuity, Contract, Impose, ITS, Maturity, Term, UIT

Other Related Pages: Category: Retirement Starting With: S

Additional Related Terms: Allowance for depreciation, Annuity unit, At par, All or any part, At best, At call, Annuity, At risk, Add-on service, Action to quiet title