certain annuity — One for a fixed term of years, subject to no contingency whatever • • • Main Entry: ↑annuity … Useful english dictionary
certain annuity — /ˌsɜ:t(ə)n ə nju:ɪti/ noun an annuity which will be paid for a certain number of years only … Dictionary of banking and finance
certain annuity — terminable annuity A form of investment contract that pays fixed sums at scheduled intervals to an individual after he or she attains a specified age; it runs for a specified number of years … Big dictionary of business and management
Annuity (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
Annuity (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
Annuity Certain — A financial instrument that provides a stream of payments, for a predetermined number of years. An annuity certain will continue a stream of payments remitted to the annuitant s beneficiary or estate, if the annuitant dies before the payment term … Investment dictionary
annuity — an·nu·ity /ə nü ə tē, nyü / n pl ities [Medieval Latin annuitas, from Latin annuus yearly] 1: an amount payable at regular intervals (as yearly or quarterly) for a certain or uncertain period 2: the grant of or the right to receive an annuity his … Law dictionary
annuity — In the older sense of the term, a yearly payment of a certain sum of money granted to another in fee, for life, or for years. In the modern sense, a right, bequeathed, donated, or purchased, to receive fixed or certain periodical payments,… … Ballentine's law dictionary
Certain And Continuous — A type of annuity that guarantees a number of payments, even if the annuitant dies. If the annuitant passes away during the guaranteed period, a specified beneficiary will receive the rest of the payments. Alternatively, if the annuitant outlives … Investment dictionary
annuity — /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
