structured variable

structured variable

[′strək·chərd ′ver·ē·ə·bəl]
(computer science)
References in periodicals archive ?
Sales of structured variable annuities increased 15%, year-over-year, to $1.
Several new forms of variable annuities have emerged, including: growth-oriented variable annuities that do not offer living benefits but have generally lower costs and more investment offerings; structured variable annuities, which are linked to an equity index and have caps and buffers to provide upside growth potential with downside protection; and variable annuities with living benefits designed for immediate income.
Default values can be assigned to each variable and to the separate elements of a structured variable.
In addition, properly structured variable annuities offer safety, asset protection and--for Americans--tax-deferral.

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