There are several ways that credit card companies go about setting a minimum payment. It may be advisable for you to check with your company to determine how the minimum payment on your specific card will be determined. Here is an overview of some of the ways credit card companies calculate minimum payments.
deponent (plural deponents) ( 1 law) A witness; especially one who gives information under oath, in a deposition concerning facts known to him or her. ( 2 grammar) A deponent verb.
What is an 'Annuitant'. An annuitant is a person who collects the benefits of an annuity or pension. It is the person named in a specialized life insurance contract. The annuitant is the beneficiary of an annuity or pension. An annuitant can be the contract holder or another person. Proceeds of the annuity contract are provided to the beneficiary upon the annuitant's death to shield the beneficiary from a loss of income.