bank annuity


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bank annuity

n. Chiefly British
See consol.

bank annuity

n
(Banking & Finance) another term for consol
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References in periodicals archive ?
Source: "Michael White-ABIA Bank Annuity Fee Income Report"
The "Michael White-ABIA Bank Annuity Fee Income Report" indicates, however, that annuity income would have been down were it not for the contributions of new reporters in the form of thrift holding companies (THCs) and new bank holding company (BHC) Raymond James Financial, Inc.
The annual Michael White-ABIA Bank Annuity Fee Income Report[TM] and Michael White-Prudential Bank Insurance Fee Income Report[TM] provide, respectively, comprehensive analyses of bank annuity commission income and bank insurance brokerage.
The report itself is a summary of results from its monthly bank annuity sales survey, based on a national sample of banks that have a minimum of $4 billion in assets.
The relative success of a bank annuity program may be measured by the amount of program revenue generated per $1 million of core or retail deposits.
3% higher than the second quarter of 2007, primarily as the result of increased annuity sales through our new bank annuity distribution channel launched in the second quarter of this year, as well as increased sales of traditional fixed annuities.
Yet statistics released in the Michael White-ABIA Bank Annuity Fee Income Report showed that sales decelerated in the second half of last year, with the most significant decline registered in the fourth quarter.