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R - V


 
Repurchase (of a contract of insurance life): Operation by which that which contracted a life insurance and which want definitively to put an end to its contract requires of its insurer the immediate payment of his credit against him.
Certain contracts of life insurance envisage the possibility for the subscriber of requiring a repurchase partial of the contract.


Life annuity: Versed periodic income with a recipient until his death (then possibly) with another person in the event of reversion). This revenue is obtained by conversion of a capital according to the life expectancy of the crédirentier.


Main home: To be regarded as main home of a person, housing must be occupied at least 8 months per annum by this person.


Reprocess reversion: Any person cotisant with a pension plan accumulates rights to the retirement, which it puts forward when it ceases her activity. When it dies, its spouse or his have-rights in certain cases can profit from a pension known as of reversion.


SICAV: Investment company with Variable capital, limited company carrying out for the account of its shareholders acquisition and the management of a wallet of transferable securities. The shareholders can enter there and leave there constantly, on the basis of actual value of the credit which determines the realizable value.


Civil company: Company whose object constitutes a noncommercial activity and who did not adopt the anonymous form, with limited responsibility, in collective name or mixed liability company. The civil company can be a company of means.


 

Total Effective rate: Annual rate expressed fascinating expressed as a percentage of account all elements of the cost of a credit: duration, amount, interests, commissions, compulsory insurances, fresh of file, stamp, recording…


TRAAB: (Annual Actuarial Yield Gross)
The TRAAB expresses the real output of a placement, taking into account the rate nominal (or facial), effective date of payment of the interests and possible emission and/or discounts. It thus makes it possible to compare on an annual basis the real output offered by any type of placement, except taxation and social security contribution.

 


Usufruct: Right of owner not conferring on his holders (usufructuary) only the right to use the good and to perceive the fruits of them, but not that to have which it, which belongs to the bare owner (see naked-property).


Realizable value: Value of the action of SICAV or on behalf of CPF at a given moment. Generally, the realizable value is calculated in a daily or weekly way.


Transferable securities: Marketable securities representative of a right or a credit: actions, certificates of investment, right of attribution, goods of the subscription, obligations withfixed rate and fluctuating rate, titles participative…



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Banking lexicon of the letter R with V

 
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Banking lexicon of the letter R with V

 
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