Finance:Universal annuity system
From HandWiki
Universal Annuity System is when an international community (e.g. the United Nations ) establishes a fund that the governments or communities of the world add to every year. These funds are invested. The gains on these investments are distributed evenly among the people as income. This process is known as the Universal Annuity System. A sovereign wealth fund at an international level.
References
- Cook, Roger D., The Universal Annuity System, Xlibris, Inc., 2010
Categories
 |
