For the buyers, obtaining a higher interest rate than is available from bank deposits, as well as the ability to purchase a yuan-denominated security and to benefit from the appreciation of the Chinese currency that many expect in the coming years are the main attractions of dim sum bonds.
This is understandable because managing a small sum of money in the early accumulation years is quite different than managing a large sum in retirement.
Someone who knows (thanks to a test) that he is going to die within the next couple of years could insure himself for a huge sum and then sell the policy to a third party.
Deferred compensation plans, meant as retention incentives, give executives a lump sum after a specified number of years on the job.
The 'solidarity package' will be paid over the next three years, and is the biggest sum handed to League clubs since the collapse of ITV Digital.
The global targets the world set for itself five years ago did not emerge from the bottom up, as the sum of what might be feasible in each poor country.
Bonuses, which are usually awarded in the first couple months of the year, will be paid in four instalments spread over almost three years, instead of one lump sum, the Journal reported.
It is hard to claim that pyramid-shaped tea-bags (developed at great expense over four years) have added much to the sum of human happiness.
Sharpe took a more sophisticated approach than merely comparing how a lump sum behaves over a number of years, but came up with roughly the same conclusion.
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By this gauge, Asia's economy will probably exceed the combined sum of America's and Europe's within four years.
No billionaire divorce settlement Forbes has uncovered over our years of tracking the super-wealthy comes close to that sum.
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In its Victorian incarnation, a tontine was an investment pool to which a group of speculators contributed capital, the principal and interest to be distributed in a lump sum years later to the last survivor.
Or to put it another way, Spain's banks over seven years would lose a sum equivalent to two and a half times the entire annual output of Portugal.
Eric Sim, the club's secretary said it was a matter of principle, rather than the amount involved, though there was concern that the sum could rise over the next few years.
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