As an example, at 10% interest, 7.2 periodic payments must be made.

That is to annuitize, or take substantially equal periodic payments.

The latter was a periodic payment made by a tenant, just as in modern usage.

It can be in the form of a lump sum or periodic payments, but is usually based on a rate per mile.

Form 9465 lets taxpayers propose their own terms for periodic payments.

The periodic payments described in court papers ranged from $900 to $2,800.

In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date.

The insurance company also agrees that the periodic payments will be a specified amount per dollar in your account.

Some people invest the lump sum, hoping to do better than they would with the periodic payments.

This stream of periodic payments is generally known as an "annuity."