Annuity and Investment Product
Accumulated Income Payment. money paid to the subscriber out of the plan's earnings, including earnings on the Canada Education Savings Grant amount. AIPs, which are made only if the child does not attend college or university, have the following conditions: The plan has been in place for 10 years No beneficiary is in school Beneficiary is 21 years old or older The subscriber is a Canadian resident Exceptions to these conditions are made for certain circumstances (e.g. a deceased or mentally impaired beneficiary). Unless the payments are rolled over to an RRSP with sufficient room, these are considered taxable income for the subscriber, and are subject to an added 20 per cent deferral tax.
Academic Improvement Plan. This is a written plan that parents and teachers develop together when a child is having trouble keeping up with the skills required at his grade level.
Automatic Investment Plan. An arrangement where investors have money withdrawn periodically from their bank account to purchase shares of stock or a mutual fund.
Annual Incentive Plan. This is our bonus scheme available to most employees within EDF Energy. It is linked directly to our performance against our ambitions.
Airport Improvement Program Planning AIP
Airport Improvement Program. A program administered by the Federal Aviation Administration to provide financial grants-in-aid for airport planning, airport development projects, and noise compatibility programs. The program was established through the Airport and Airway Improvement Act of 1982, which was incorporated as Title V of the Tax Equity and Fiscal Responsibility Act of 1982 (P.L. 97-248).
A partnership of building owners, tenants, public officials and lenders dedicated to creating a sound financial, social and physical plan for the rehabilitation and operation of deteriorated multifamily buildings without displacing the current tenants. (AIP served as the principal organizational model for multifamily operations in the network.)
Automatic Investment Plan. A program allowing mutual fund investors to purchase shares periodically through automatic transfers from the individual's checking or savings account.
Airport Improvement Program - For more information contact the appropriate FAA Airport office or you reference the AIP Website.
Automatic Investment Plan. A method for investing in mutual funds which enables a shareholder to select a specific amount to be withdrawn from a bank checking or savings account, or an automatic exchange from another mutual fund, on a regularly scheduled basis and invested in additional fund shares.
Automatic Investment Plan. An investment plan that automatically takes a deduction from a paycheck and invests it into a mutual fund or 401K.