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Certificates of Deposit Advertisements: Harold Ackerman v. Royal Bank of Pennsylvania

Roger W. Shuy

in Fighting over Words: Language and Civil Law Cases

Published in print:
2008
Published Online:
May 2008
ISBN:
9780195328837
eISBN:
9780199870165
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195328837.003.0008
Subject:
Linguistics, Sociolinguistics / Anthropological Linguistics

The case of a bank's advertisements about the rate of return for its certificates of deposit centered on the use of the lexical items in the bank's advertisements and other materials, specifically ... More


History of actuarial tables

Christopher Lewin and Margaret De Valois

in The History of Mathematical Tables: From Sumer to Spreadsheets

Published in print:
2003
Published Online:
September 2007
ISBN:
9780198508410
eISBN:
9780191708831
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198508410.003.0004
Subject:
Mathematics, History of Mathematics

Actuaries make financial sense of the future by combining techniques of risk and finance. The actuarial profession was formed in 1848 but long before then mathematicians were producing tables in ... More


The Meaning of Present Discounted Values

Michael M. Weinstein and Ralph M. Bradburd

in The Robin Hood Rules for Smart Giving

Published in print:
2013
Published Online:
November 2015
ISBN:
9780231158367
eISBN:
9780231535243
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231158367.003.0005
Subject:
Business and Management, Strategy

This chapter examines the notion of present discounted value (PDV). Funders prefer benefits that accrue immediately to identical benefits that accrue in the future. There are three rationales for the ... More


Sorting Out the Trust Fund Semantics and Realities

Sylvester J. Schieber

in The Predictable Surprise: Unraveling the U.S. Retirement System

Published in print:
2012
Published Online:
April 2015
ISBN:
9780199890958
eISBN:
9780190261382
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199890958.003.0009
Subject:
Economics and Finance, Microeconomics

This chapter examines issues surrounding the Social Security trust fund. The assets in the Social Security trust funds are special-issue federal bonds prescribed by law. Some 130–135 million workers ... More


Argentina

Estelle James, Alejandra Cox Edwards, and Rebeca Wong

in The Gender Impact of Social Security Reform

Published in print:
2008
Published Online:
February 2013
ISBN:
9780226392004
eISBN:
9780226392028
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226392028.003.0006
Subject:
Economics and Finance, Public and Welfare

The old Argentinean social security system was in serious trouble before its reform. Besides the long-term problem of rising costs due to population aging, a deficit existed even in the short run ... More


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