(life) annuity

  • 41purchased life annuity — An annuity which you choose to buy that gives you a guaranteed income for life …

    Financial and business terms

  • 42purchased life annuity — An annuity in which a single premium purchases an income to be paid from a specified future date for the rest of the policyholder s life …

    Big dictionary of business and management

  • 43life — I (period of existence) noun anima, continuance, cycle, duration, endurance, existence, lastingness, lifetime, period, period of survival, span, survival, term, term of activity, term of effectiveness, time, time from birth to death, vita… …

    Law dictionary

  • 44joint life annuity — Insurance. an annuity, the payments of which cease at the death of the first of two or more specified persons. * * * …

    Universalium

  • 45temporary life annuity — Insurance. an annuity that ceases upon the death of the annuitant or upon the expiration of a period of time, whichever occurs first. * * * …

    Universalium

  • 46joint life annuity — An annuity that continues after the death of the first partner and ends after the death of the second partner …

    Financial and business terms

  • 47joint-life annuity — / dʒɔɪnt laɪf əˌnjuəti/ noun an annuity which continues to pay an amount to a spouse after the main beneficiary dies …

    Dictionary of banking and finance

  • 48Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than …

    Wikipedia

  • 49Annuity (US financial products) — In the U.S. an annuity contract is created when an individual gives a life insurance company money which may grow on a tax deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity… …

    Wikipedia

  • 50annuity — /an(y)uwatiy/ A right to receive fixed, periodic payments, either for life or for a term of years. Moore v. O Cheskey, App., 87 N.M. 66, 529 P.2d 292, 293. A fixed sum payable to a person at specified intervals for a specific period of time or… …

    Black's law dictionary