Associate in Claims (AIC) 1  Suggest an improvement or addition to the Insurance and Risk Management Glossary. 2  Buy a print version of the Insurance and Risk Management Glossary. 3  Link to the Insurance and Risk Management Glossary.
What is a Periodical? Anything that is published at regular intervals throughout the year such as a magazine, journal, or newspaper: Magazine: A magazine is a collection of articles and images about diverse topics of popular interest and current events.
FDAP â Fixed, Determinable, Annual, or Periodical. Income is fixed when it is paid in amounts known ahead of time. Income is determinable whenever there is a basis for figuring the amount to be paid. Income can be periodic if it is paid from time to time. It does not have to be paid annually or at regular intervals.