In the world of finance, an annuity is a contract between you and a life insurance company in which you give the company a lump sum or series of payments, and in return, the insurer promises to ...

This article was written by David Mullen, Product Manager for Core Fixed-Income Analytics, and Fateen Sharaby, Business Manager for Index-Linked Products at Bloomberg. Credit futures, which started ...

However, this ‘doubling of investment’ is an illusion. People fail to factor in the time value of money – the concept that a certain sum of money has greater value now than it will in the future due ...