Most Viewed Automatic Re-investment Of Dividends
Canals And Docks
American Railways
Bonuses
British Government Funds
Banks
Foreign Government Stocks
Borrowers
Colonial Government Securities
Dividends
Least Viewed
Surrenders
Insurance Companies
The Stock Exchange
Loans - The Interest On Which Is Guaran-teed By The British Government
Mortgages
Loans To Corporations And Counties Of The United Kingdom
Table Of Interest On Investments Sample
Terminable Annuities
Railways
Government Annuities
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Terminable Annuities
Terminable Annuities (3) may be regarded as
a "Sinking Fund," or means by which a con-
siderable portion of the National Debt is paid
off every year and "The Funds" proportionately
reduced.
Thus the Government is empowered to give
an annuity for a certain number of years in ex-
change for permanent stock in the Funds. For
instance, a holder of £1,000 2 3/4 per cent. stock is
receiving £27 10s. a year in the shape of interest.
The Government offers to pay double the amount
of interest or £55, if the £1,000 stock is trans-
ferred to them, and to continue this £55 a year
for twenty years and no longer.
At the expiration of that period the interest
ceases and the principal sum of £1,000 is struck
off the National Debt, which is in consequence
reduced by that sum.
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