What Is An Annuity Unit?

An annuity unit is a measure of an annuity’s value. One annuity unit is usually worth $1,000, but this can vary depending on the annuity and the insurer. The number of annuity units an annuity has dictates the annuity’s value. What is the best type of annuity? There are many types of annuities, and each … Read more

Outward Direct Investment (ODI) Definition.

ODI occurs when an investor based in one country acquires a controlling interest in a foreign company or enterprise. The investor may be an individual, a group of individuals, or a company. The purpose of ODI is to gain a foothold in a foreign market or to secure a new source of supplies. Inward direct … Read more