Contract purchase and Replacement ratio: Difference between pages

Latest revision as of 08:27, 2 July 2022

Pensions.

The percentage of an individual's final salary at retirement received as annual retirement income (from whatever sources) and savings income.

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-A form of conditional sale where the user of an asset has the option to acquire ownership at the end of the contracted period, in return for making a series of finance payments including a final balloon payment.
+''Pensions''.
-Contract purchase is similar to contract hire, with the additional feature of the purchase option in favour of the end user of the asset.
+The percentage of an individual's final salary at retirement received as annual retirement income (from whatever sources) and savings income.
 == See also ==
-*[[Contract hire]]
+* [[Pension]]
-*[[Balloon payment]]
-*[[Option]]
-[[Category:Corporate_finance]]
+[[Category:The_business_context]]