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Bullet contract

• A guaranteed investment contract purchased with a single (one-shot) premium. Related: Window contract.

 
 Embedded terms in definition
 Contract
Guaranteed investment contract
Premium
Window contract
 
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What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

A new idea is delicate. It can be killed by a sneer or a yawn; it can be stabbed to death by a joke or worried to death by a frown on the right person's brow. - Charles Brower

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